{"data":{"id":"us-tx/tex.-finance-code-302.103","jurisdiction":"us-tx","citation":"Tex. Finance Code § 302.103","heading":"EFFECT OF FEDERAL PREEMPTION ON LATE CHARGES.","body":"On loans subject to 12 U.S.C. Sections 1735f-7 and 1735f-7a, as amended, any late charges assessed are interest that is included in computing the amount or rate of interest on the loan and, therefore, covered by the federal preemption of state interest rate limitations.\nAmended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE A. INTEREST","CHAPTER 302. INTEREST RATES","SUBCHAPTER B. OTHER RATES AND PROVISIONS ON LOANS SECURED BY REAL PROPERTY"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.302.htm#302.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"c0ce3fd0a32f119bff37d1fba09c1e9eb73c512e0424f3c6e9ebb10c5735f117","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-302.102","next":"us-tx/tex.-finance-code-302.104"},"notice":"GroundRules: Original legal text. Not legal advice."}