Tex. Finance Code § 349.004

This is the official text of Tex. Finance Code § 349.004, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 349.004. LIABILITY RELATED TO CRIMINAL OFFENSE.

Official statutory text

In addition to other applicable penalties, a person who commits an offense under Section 349.502 is liable to the obligor for an amount equal to:

(1) the principal of and all charges contracted for or collected on each loan made without the authority required by Chapter 342 or 346; and

(2) reasonable attorney's fees incurred by the obligor.

Status: in_force · Read it on the official government site

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