Finance Code › Title 3 › Chapter 94 › Subchapter B

Texas Finance Code § 94.052

Consumer Loans

Loans and Investments · Loan Expenses

In the case of a consumer loan:

(1) a savings bank may charge a borrower the reasonable value of services rendered in connection with making the loan; and

(2) an expense charged a borrower must be:

(A) necessary and proper for the protection of the lender; and

(B) actually incurred in connection with making the loan.

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.

Sections that refer to this one

§ 94.051