An expense or fee authorized by Section 124.101 is not interest.
Tex. Fin. Code § 124.103
CHARACTER OF EXPENSE OR FEE
Known as the Texas Credit Union Act
The act spans §§ 121–149 (219 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.