Tex. Finance Code § 345.056

This is the official text of Tex. Finance Code § 345.056, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 345.056. USE OF OPTIONAL CEILING.

Official statutory text

As an alternative to the maximum rate or amount authorized for a time price differential under Section 345.055 or 345.057, a retail installment contract may provide for a rate or amount of time price differential that does not exceed the rate or amount authorized by Chapter 303.

Status: in_force · Read it on the official government site

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