Tex. Fin. Code § 371.161

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 371.161 - Early Redemption: Reduction of Pawn Service Charge

If a pledgor redeems the pledged goods before the maturity date of the pawn transaction, any part of the pawn service charge that exceeds $15 shall be reduced by an amount equal to one-thirtieth of the total pawn service charge for each day between the date on which redemption occurs and the original maturity date.

Tex. Fin. Code § 371.161

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