Tex. Finance Code § 345.104
This is the official text of Tex. Finance Code § 345.104, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 345.104. USE OF OPTIONAL CEILING.
Official statutory text
(a) As an alternative to the maximum rate or amount authorized for a time price differential under Section 345.103, a retail charge agreement may provide for a rate or amount of time price differential that does not exceed the rate or amount authorized by Chapter 303.
(b) The provisions of Chapter 303 applicable to open-end accounts apply to a retail charge agreement to which this section applies.
(b) The provisions of Chapter 303 applicable to open-end accounts apply to a retail charge agreement to which this section applies.
Status: in_force · Read it on the official government site
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