Tex. Fin. Code § 348.409

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 348.409 - Liability Relating to Outstanding Balance Information

A holder who violates Section 348.408 is liable to the retail buyer or the buyer's designee in an amount computed by adding:

(1) three times the difference between the amount tendered and the amount sought by the holder at the time of tender;

(2) interest;

(3) reasonable attorney's fees; and

(4) costs.

Tex. Fin. Code § 348.409

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.