Texas Statutes

§ 371.161 — EARLY REDEMPTION: REDUCTION OF PAWN SERVICE CHARGE.

Texas § 371.161
JurisdictionTexas
Code FIFinance Code

This text of Texas § 371.161 (EARLY REDEMPTION: REDUCTION OF PAWN SERVICE CHARGE.) 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. § 371.161 (2026).

Text

Sec. 371.161. EARLY REDEMPTION: REDUCTION OF PAWN SERVICE CHARGE. If a pledgor redeems the pledged goods before the maturity date of the pawn transaction, any part of the pawn service charge that exceeds $15 shall be reduced by an amount equal to one-thirtieth of the total pawn service charge for each day between the date on which redemption occurs and the original maturity date.

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Related

Kevin Wayne Powell v. the State of Texas
(Court of Appeals of Texas, 2021)

Legislative History

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

Nearby Sections

15
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Bluebook (online)
Texas § 371.161, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/371.161.