{"data":{"id":"us-tx/tex.-finance-code-346.203","jurisdiction":"us-tx","citation":"Tex. Finance Code § 346.203","heading":"MORE THAN ONE REVOLVING CREDIT ACCOUNT AUTHORIZED.","body":"(a) On a customer's request, a creditor may enter into more than one revolving credit account with the customer and may charge interest on each account.\n(b) A creditor may not require that a customer enter into more than one revolving credit account for the purpose of collecting interest at a rate greater than the rate authorized by law.\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 346. REVOLVING CREDIT ACCOUNTS","SUBCHAPTER C. CREDITOR'S DUTIES AND AUTHORITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.346.htm#346.203","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"a59ddb765b24aa8b269157cf21b7d7b5d007c42b1011ef5bd89b8106afd80803","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-346.202","next":"us-tx/tex.-finance-code-346.204"},"notice":"GroundRules: Original legal text. Not legal advice."}