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Tex. Fin. Code § 303.301

AGREEMENT TO WHICH CHAPTER DOES NOT APPLY

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

The rate ceilings provided by this chapter do not apply to an agreement:

(1) under which credit is extended by the seller, or an owner, subsidiary, or corporate affiliate of the seller, for a transaction governed by Chapter 601, Business & Commerce Code; and

(2) that is secured by a lien on the obligor's homestead.

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