(a) Except as otherwise fixed by law, the maximum rate of interest is 10 percent a year.
(b) A loan providing for a rate of interest that is 10 percent a year or less is not subject to this chapter.
(c) A loan described by Section 302.001(d) may provide for a delinquency charge as provided by that section without being subject to this chapter or any other provision of this subtitle.
Official text of the Texas Finance Code as published by the Texas Legislative Council.