An amount of time price differential is not interest.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 4 › Chapter 345 › Subchapter A
Texas Finance Code § 345.006
Time Price Differential Not Interest
Retail Installment Sales · General Provisions
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.