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Tex. Finance Code § 371.161

EARLY REDEMPTION: REDUCTION OF PAWN SERVICE CHARGE

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 371.161, EARLY REDEMPTION: REDUCTION OF PAWN SERVICE CHARGE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647890
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If a pledgor redeems the pledged goods before the maturity date of the pawn transaction, any part of the pawn service charge that exceeds $15 shall be reduced by an amount equal to one-thirtieth of the total pawn service charge for each day between the date on which redemption occurs and the original maturity date.