{"data":{"id":"us-tx/tex.-finance-code-305.008","jurisdiction":"us-tx","citation":"Tex. Finance Code § 305.008","heading":"CRIMINAL PENALTY.","body":"(a) A person commits an offense if the person contracts for, charges, or receives interest on a transaction for personal, family, or household use that is greater than twice the amount authorized by this subtitle.\n(b) An offense under this section is a misdemeanor punishable by a fine of not more than $1,000.\n(c) Each contract or transaction that violates this section is a separate offense.\n(d) This section applies only to a contract or transaction subject to this subtitle.\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#305.008","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"8d8c4eb71d4937dd0dfbd0c53e76d573b9c602862fc756b48b6d328ff79fa129","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-305.007","next":"us-tx/tex.-finance-code-305.101"},"notice":"GroundRules: Original legal text. Not legal advice."}