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Tex. Fin. Code § 346.203

MORE THAN ONE REVOLVING CREDIT ACCOUNT AUTHORIZED

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

(a) On a customer's request, a creditor may enter into more than one revolving credit account with the customer and may charge interest on each account.

(b) A creditor may not require that a customer enter into more than one revolving credit account for the purpose of collecting interest at a rate greater than the rate authorized by law.

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