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Tex. Finance Code § 345.058

MINIMUM TIME PRICE DIFFERENTIAL FOR CONTRACT

Texas · Texas Finance Code · Status: effective

Business & Commerce
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Tex. Finance Code § 345.058, MINIMUM TIME PRICE DIFFERENTIAL FOR CONTRACT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647361
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Notwithstanding Section 345.055, 345.056, or 345.057: (1) a retail installment contract with an initial principal balance of $75 or more may provide for a minimum time price differential that does not exceed $12; (2) a retail installment contract with an initial principal balance of more than $25 and less than $75 may provide for a minimum time price differential that does not exceed $9; and (3) a retail installment contract with an initial principal balance of $25 or less may provide for a minimum time price differential that does not exceed $6.