(a) A pawnbroker who contracts for, charges, or collects a pawn service charge that is greater than the amount authorized by this chapter or otherwise violates this chapter:
(1) is liable for twice the amount of the pawn service charge contracted for; and
(2) shall return the goods pledged in connection with the pawn transaction on request of the pledgor and payment of the balance due.
(b) A pawnbroker who contracts for, charges, or collects a pawn service charge that is greater than twice the amount authorized by this chapter:
(1) is not entitled to collect any amount on the pawn transaction; and
(2) shall return the goods pledged in connection with the pawn transaction on request of the pledgor.
(c) Subsection (a) or (b) does not apply to a violation that results from an accidental and bona fide error, corrected upon discovery.
Official text of the Texas Finance Code as published by the Texas Legislative Council.