An association may charge a penalty for a prepayment of or late payment on a loan.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 3 › Chapter 64 › Subchapter C
Texas Finance Code § 64.041
Penalty for Prepayment or Late Payment
Loans and Investments · Loan Payments
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.