{"data":{"id":"us-tx/tex.-finance-code-345.056","jurisdiction":"us-tx","citation":"Tex. Finance Code § 345.056","heading":"USE OF OPTIONAL CEILING.","body":"As an alternative to the maximum rate or amount authorized for a time price differential under Section 345.055 or 345.057, a retail installment contract may provide for a rate or amount of time price differential that does not exceed the rate or amount authorized by Chapter 303.\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 345. RETAIL INSTALLMENT SALES","SUBCHAPTER B. RETAIL INSTALLMENT CONTRACT"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.345.htm#345.056","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"30345ec786058392e396bff2dc1cd3b9261d7b690afbec309f0155dcbaffa61e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-345.055","next":"us-tx/tex.-finance-code-345.057"},"notice":"GroundRules: Original legal text. Not legal advice."}