The parties to a written agreement may agree to an interest rate, or in an agreement described by Chapter 345, 347, 348, or 353, an amount of time price differential producing a rate, that does not exceed the applicable weekly ceiling.
Tex. Fin. Code § 303.002
WEEKLY CEILING
Applied in 3 court decisions — leading case All Seasons Window & Door Manufacturing, Inc. v. Red Dot Corp. (2005)
Most recently applied in Threlkeld v. Urech (January 2011)
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.