Finance Code › Title 4 › Chapter 303 › Subchapter A
Texas Finance Code § 303.002
Weekly Ceiling
Optional Rate Ceilings · Rate Ceilings: Applicability, Computation, and Publication
The parties to a written agreement may agree to an interest rate, or in an agreement described by Chapter 345, 347, 348, or 353, an amount of time price differential producing a rate, that does not exceed the applicable weekly ceiling.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Legislative history
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.
Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 3, eff. September 1, 2011.