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Tex. Finance Code § 305.008

CRIMINAL PENALTY

Texas · Texas Finance Code · Status: effective

Criminal Law
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Tex. Finance Code § 305.008, CRIMINAL PENALTY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647121
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(a) A person commits an offense if the person contracts for, charges, or receives interest on a transaction for personal, family, or household use that is greater than twice the amount authorized by this subtitle. (b) An offense under this section is a misdemeanor punishable by a fine of not more than $1,000. (c) Each contract or transaction that violates this section is a separate offense. (d) This section applies only to a contract or transaction subject to this subtitle.