{"data":{"id":"us-tx/tex.-finance-code-341.405","jurisdiction":"us-tx","citation":"Tex. Finance Code § 341.405","heading":"PENALTY FOR MAKING ILLEGAL OFFER.","body":"(a) A person commits an offense if the person violates Section 341.404. An offense under that section is a Class C misdemeanor.\n(b) A person who violates Section 341.404:\n(1) may be prosecuted for the offense; or\n(2) may be held liable for:\n(A) the penalties under Chapter 349; and\n(B) civil penalties assessed by the consumer credit commissioner.\n(c) A person is not subject to both prosecution and the penalties described by Subsection (b)(2).\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 341. GENERAL PROVISIONS","SUBCHAPTER E. PROHIBITIONS AND VIOLATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.341.htm#341.405","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"620ee5ac9762c18d3fa6280ae8d05ad11ba194a2e0649375a4b07463c912ead7","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-341.404","next":"us-tx/tex.-finance-code-341.406"},"notice":"GroundRules: Original legal text. Not legal advice."}
