Finance Code › Title 4 › Chapter 345 › Subchapter C

Texas Finance Code § 345.106

Processing Fee for Returned Check

Retail Installment Sales · Retail Charge Agreement

A retail charge agreement may provide that the holder of the agreement may:

(1) charge the retail buyer, on return of a dishonored check given in payment under the agreement, a reasonable processing fee that does not exceed the amount prescribed by Section 3.506, Business & Commerce Code; and

(2) add the fee to the unpaid balance under the agreement.

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

Official source
Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371), Sec. 16, eff. September 1, 2023.

Other codes referenced

Bus. & Com. § 3.506