A creditor is not subject to penalty under this chapter for any usurious interest that results from an accidental and bona fide error.
Tex. Fin. Code § 305.101
ACCIDENTAL AND BONA FIDE ERROR
Applied in 4 court decisions — leading case Stanfield v. Neubaum (2016)
Most recently applied in Stanfield v. Neubaum (June 2016)
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.