An annual, membership, or participation fee may not be charged to or collected from a retail buyer in connection with a retail charge agreement.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 4 › Chapter 345 › Subchapter C
Texas Finance Code § 345.107
Retail Installment Sales · Retail Charge Agreement
An annual, membership, or participation fee may not be charged to or collected from a retail buyer in connection with a retail charge agreement.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.