Texas § 345.106 PROCESSING FEE FOR RETURNED CHECK.

Texas Statutes

§ 345.106 — PROCESSING FEE FOR RETURNED CHECK.

Texas § 345.106

Code FIFinance Code

This text of Texas § 345.106 (PROCESSING FEE FOR RETURNED CHECK.) 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. § 345.106 (2026).

Text

Sec. 345.106. PROCESSING FEE FOR RETURNED CHECK. 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.

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Sec. 345.106. PROCESSING FEE FOR RETURNED CHECK. 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.

Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371 ), Sec. 16, eff. September 1, 2023.