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Tex. Finance Code § 346.203

MORE THAN ONE REVOLVING CREDIT ACCOUNT AUTHORIZED

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 346.203, MORE THAN ONE REVOLVING CREDIT ACCOUNT AUTHORIZED, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647454
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(a) On a customer's request, a creditor may enter into more than one revolving credit account with the customer and may charge interest on each account. (b) A creditor may not require that a customer enter into more than one revolving credit account for the purpose of collecting interest at a rate greater than the rate authorized by law.