{"data":{"id":"us-tx/tex.-finance-code-345.155","jurisdiction":"us-tx","citation":"Tex. Finance Code § 345.155","heading":"TIME PRICE DIFFERENTIAL COMPUTATION AND AMOUNT.","body":"(a) A time price differential authorized under Subchapter C shall be computed using the average daily balance method.\n(b) If the amount of a time price differential otherwise authorized under Subchapter C for a billing cycle in which a balance is due is less than 75 cents a month, the holder may charge an amount that does not exceed 75 cents a month.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.\nAmended by:\nActs 2011, 82nd Leg., R.S., Ch. 1182 (H.B. 3453), Sec. 7, eff. September 1, 2011.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 345. RETAIL INSTALLMENT SALES","SUBCHAPTER D. ALTERNATE FINANCE CHARGE CEILING"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.345.htm#345.155","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"d91335b22a405087cd480c167976f9ff9c8543596f6130557d2089e3bd758ebd","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-345.113","next":"us-tx/tex.-finance-code-345.156"},"notice":"GroundRules: Original legal text. Not legal advice."}