{"data":{"id":"us-tx/tex.-finance-code-350.001","jurisdiction":"us-tx","citation":"Tex. Finance Code § 350.001","heading":"APPLICABILITY.","body":"(a) This chapter applies to a person who extends credit primarily for personal, family, or household use and not for a business, commercial, investment, or agricultural purpose. For the purposes of this chapter, credit means the right granted to a debtor to defer payment of debt or to incur debt and defer its payment. A creditor is subject to this chapter if the creditor charges a finance charge or extends credit payable in one or more installments.\n(b) This chapter does not apply to a person who is:\n(1) licensed or registered under this title or Title 3; or\n(2) exempt from licensing or registration under this title.\nAdded by Acts 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 1.04, eff. September 1, 2005.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 350. REQUIREMENTS AND LIMITATIONS APPLICABLE TO CONSUMER CREDITORS NOT LICENSED OR REGISTERED UNDER THIS TITLE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.350.htm#350.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"424dfcd1a537974fbbee26284bd9467b85027f63a97ae5cf84a8efe309d7a420","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-349.503","next":"us-tx/tex.-finance-code-350.002"},"notice":"GroundRules: Original legal text. Not legal advice."}