{"data":{"id":"us-tx/tex.-finance-code-305.007","jurisdiction":"us-tx","citation":"Tex. Finance Code § 305.007","heading":"PENALTIES EXCLUSIVE.","body":"The penalties provided by this chapter are the only penalties for violation of this subtitle for contracting for, charging, or receiving interest in an amount that produces a rate in excess of the maximum rate allowed by law. Common law penalties do not apply.\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 305. PENALTIES AND REMEDIES","SUBCHAPTER A. CIVIL LIABILITY; CRIMINAL PENALTY"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.305.htm#305.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"c90a37ec9b88a4678f376c4eb2d644784d76e4110a26646d50df1a745b92a5bc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-305.006","next":"us-tx/tex.-finance-code-305.008"},"notice":"GroundRules: Original legal text. Not legal advice."}