Tex. Fin. Code § 303.007

ANNUALIZED CEILING

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff

The annualized ceiling may be used as an alternative to the weekly ceiling only for a written contract that involves an open-end account.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.