Finance Code › Title 4 › Chapter 303 › Subchapter F

Texas Finance Code § 303.501

Applicability of Credit Union Act

Optional Rate Ceilings · Effect on Other Statutes of Using Optional Rate

Except as inconsistent with this chapter:

(1) a person subject to Subtitle D, Title 3, who contracts for, charges, or receives a rate or amount authorized by this chapter remains subject to that subtitle; and

(2) a party to a transaction described by Subdivision (1) has all the rights provided by that subtitle.

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

Official source
Legislative history

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