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Tex. Fin. Code § 303.010

COMPUTATION OF CEILING IF INFORMATION UNAVAILABLE

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

If any of the information required to compute a ceiling is discontinued or is otherwise not available to the consumer credit commissioner from the Federal Reserve Board in the time required for the computation, the ceiling last computed remains in effect until the information becomes available and a new ceiling is computed from the obtained information.

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