Tex. Finance Code § 305.102
This is the official text of Tex. Finance Code § 305.102, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 305.102. LEGAL INTEREST DURING INTEREST-FREE PERIOD.
Official statutory text
A person is not liable to an obligor solely because the person charges or receives legal interest before the 30th day after the date on which the debt is due.
Status: in_force · Read it on the official government site
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