Tex. Finance Code § 303.104
This is the official text of Tex. Finance Code § 303.104, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 303.104. DISCLOSURE OF DECREASE IN INTEREST RATE NOT REQUIRED ON OPEN-END ACCOUNTS INVOLVING CREDIT CARD TRANSACTION OR MERCHANT DISCOUNT.
Official statutory text
On an open-end account authorized under Section 342.455 or 346.003, in connection with which credit card transactions are authorized or a merchant discount is imposed or received by the creditor and on which interest is charged under this chapter, the creditor is not required to disclose a decrease in the applicable interest rate.
Status: in_force · Read it on the official government site
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