A savings bank may charge a penalty for a prepayment of or late payment on a loan.
Tex. Fin. Code § 94.101
PENALTY FOR PREPAYMENT OR LATE PAYMENT
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.