Finance Code › Title 4 › Chapter 342 › Subchapter F

Texas Finance Code § 342.254

No Other Charges Authorized

Consumer Loans · Alternate Charges for Certain Loans

(a) On a loan made under this subchapter a lender may not contract for, charge, or receive an amount unless this subchapter authorizes the amount to be charged.

(b) An insurance charge is not authorized on a loan made under this subchapter.

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. 7.19(a), eff. Sept. 1, 1999.