Finance Code › Title 4 › Chapter 303 › Subchapter A

Texas Finance Code § 303.010

Computation of Ceiling If Information Unavailable

Optional Rate Ceilings · Rate Ceilings: Applicability, Computation, and Publication

If any of the information required to compute a ceiling is discontinued or is otherwise not available to the consumer credit commissioner from the Federal Reserve Board in the time required for the computation, the ceiling last computed remains in effect until the information becomes available and a new ceiling is computed from the obtained information.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.