An expense payment authorized by this subchapter is not interest or compensation charged by a savings bank for the loan of money.
Tex. Fin. Code § 94.054
CHARACTER OF LOAN EXPENSE PAYMENTS
Known as the Texas Savings Bank Act
The act spans §§ 91–119 (255 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.