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Tex. Fin. Code § 345.106

PROCESSING FEE FOR RETURNED CHECK

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff

A retail charge agreement may provide that the holder of the agreement may:

(1) charge the retail buyer, on return of a dishonored check given in payment under the agreement, a reasonable processing fee that does not exceed the amount prescribed by Section 3.506, Business & Commerce Code; and

(2) add the fee to the unpaid balance under the agreement.

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