{"data":{"id":"us-tx/tex.-finance-code-347.109","jurisdiction":"us-tx","citation":"Tex. Finance Code § 347.109","heading":"COMPUTATION OF FINANCE CHARGE FOR DISCLOSURE.","body":"(a) This section applies only for purposes of disclosure.\n(b) The finance charge on a credit transaction is computed on the unpaid balance from the effective date of the transaction provided by the credit document until the payment date of the final installment, notwithstanding that the total of payments is required to be repaid in installments.\n(c) The finance charge on a credit transaction that includes an adjustable rate provision is computed on the amount financed using the initial contract rate.\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 347. MANUFACTURED HOME CREDIT TRANSACTIONS","SUBCHAPTER C. FINANCE CHARGE RATES AND ADJUSTMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.347.htm#347.109","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"9a98f87c62bb932fc9c98bb3a8573a757a33013a2c2a16faa228695a4d339a5f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-347.108","next":"us-tx/tex.-finance-code-347.110"},"notice":"GroundRules: Original legal text. Not legal advice."}