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Tex. Finance Code § 345.104

USE OF OPTIONAL CEILING

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 345.104, USE OF OPTIONAL CEILING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647392
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(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.