Tex. Fin. Code § 303.106

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 303.106 - Open-End Account: Ceiling for Plan or Arrangement

If a creditor implements a quarterly or annualized ceiling for a majority of the creditor's open-end accounts that are under a particular plan or arrangement and that are for obligors in this state, that ceiling is also the ceiling for all open-end accounts that are opened or activated under that plan for obligors in this state during the period that the election is in effect.

Tex. Fin. Code § 303.106

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. 9/1/1999.