Texas § 345.104 USE OF OPTIONAL CEILING.

Texas Statutes

§ 345.104 — USE OF OPTIONAL CEILING.

Texas § 345.104

Code FIFinance Code

This text of Texas § 345.104 (USE OF OPTIONAL CEILING.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 345.104 (2026).

Text

Sec. 345.104. USE OF OPTIONAL CEILING.

(a)As an alternative to the maximum rate or amount authorized for a time price differential under Section 345.103 , a retail charge agreement may provide for a rate or amount of time price differential that does not exceed the rate or amount authorized by Chapter 303 .

(b)The provisions of Chapter 303 applicable to open-end accounts apply to a retail charge agreement to which this section applies.

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Sec. 345.104. USE OF OPTIONAL CEILING.
(a) As an alternative to the maximum rate or amount authorized for a time price differential under Section 345.103 , a retail charge agreement may provide for a rate or amount of time price differential that does not exceed the rate or amount authorized by Chapter 303 .
(b) The provisions of Chapter 303 applicable to open-end accounts apply to a retail charge agreement to which this section applies.

Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2005, 79th Leg., Ch. 1018 (H.B. 955 ), Sec. 2.16, eff. September 1, 2005.