{"data":{"id":"us-tx/tex.-finance-code-303.403","jurisdiction":"us-tx","citation":"Tex. Finance Code § 303.403","heading":"PENALTY FOR VIOLATION OF CEILING IN CERTAIN CONTRACTS.","body":"A written contract, other than a contract to which Section 303.402 applies, that directly or indirectly provides for a rate that exceeds the rate authorized by this chapter and that is not otherwise authorized by law, is subject to the penalty prescribed by Chapter 305.\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 303. OPTIONAL RATE CEILINGS","SUBCHAPTER E. ENFORCEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.303.htm#303.403","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"d5ea2488459dc4c8b465cf40c25a7ac69ae19b50f11219cf3ee51412d474d5da","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-303.402","next":"us-tx/tex.-finance-code-303.404"},"notice":"GroundRules: Original legal text. Not legal advice."}