(a) On a loan made under this subchapter a lender may not contract for, charge, or receive an amount unless this subchapter authorizes the amount to be charged.
(b) An insurance charge is not authorized on a loan made under this subchapter.
NO OTHER CHARGES AUTHORIZED
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff
(a) On a loan made under this subchapter a lender may not contract for, charge, or receive an amount unless this subchapter authorizes the amount to be charged.
(b) An insurance charge is not authorized on a loan made under this subchapter.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.