{"data":{"id":"us-tx/tex.-finance-code-305.102","jurisdiction":"us-tx","citation":"Tex. Finance Code § 305.102","heading":"LEGAL INTEREST DURING INTEREST-FREE PERIOD.","body":"A person is not liable to an obligor solely because the person charges or receives legal interest before the 30th day after the date on which the debt is due.\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 305. PENALTIES AND REMEDIES","SUBCHAPTER B. EXCEPTION FROM LIABILITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.305.htm#305.102","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"03a50d4035238826de01b54d7c1842baf08df8af636b638d0e7e6239895d0f90","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-305.101","next":"us-tx/tex.-finance-code-305.103"},"notice":"GroundRules: Original legal text. Not legal advice."}