Tex. Fin. Code § 305.007

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 305.007 - Penalties Exclusive

The penalties provided by this chapter are the only penalties for violation of this subtitle for contracting for, charging, or receiving interest in an amount that produces a rate in excess of the maximum rate allowed by law. Common law penalties do not apply.

Tex. Fin. Code § 305.007

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