Texas Statutes

§ 371.306 — PENALTY FOR CERTAIN VIOLATIONS.

Texas § 371.306
JurisdictionTexas
Code FIFinance Code

This text of Texas § 371.306 (PENALTY FOR CERTAIN VIOLATIONS.) 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. § 371.306 (2026).

Text

Sec. 371.306. PENALTY FOR CERTAIN VIOLATIONS.

(a)A pawnbroker who contracts for, charges, or collects a pawn service charge that is greater than the amount authorized by this chapter or otherwise violates this chapter:
(1)is liable for twice the amount of the pawn service charge contracted for; and
(2)shall return the goods pledged in connection with the pawn transaction on request of the pledgor and payment of the balance due.
(b)A pawnbroker who contracts for, charges, or collects a pawn service charge that is greater than twice the amount authorized by this chapter:
(1)is not entitled to collect any amount on the pawn transaction; and
(2)shall return the goods pledged in connection with the pawn transaction on request of the pledgor.
(c)Subsection (a) or (b) does not apply to a v

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Texas § 371.306, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/371.306.