{"data":{"id":"us-tx/tex.-finance-code-303.007","jurisdiction":"us-tx","citation":"Tex. Finance Code § 303.007","heading":"ANNUALIZED CEILING.","body":"The annualized ceiling may be used as an alternative to the weekly ceiling only for a written contract that involves an open-end account.\nAdded 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 303. OPTIONAL RATE CEILINGS","SUBCHAPTER A. RATE CEILINGS: APPLICABILITY, COMPUTATION, AND PUBLICATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.303.htm#303.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"3232f2a07f909b4dacb50086984b19054d3f377884cca62250fef0cfa48206bc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-303.006","next":"us-tx/tex.-finance-code-303.008"},"notice":"GroundRules: Original legal text. Not legal advice."}