Tex. Finance Code § 303.106

This is the official text of Tex. Finance Code § 303.106, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 303.106.

Official statutory text

Sec. 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.

Status: in_force · Read it on the official government site

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