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Texas Business & Commerce Code

§ 116.0002 — FEE FOR CERTAIN PAYMENTS BY PAPER CHECK PROHIBITED

BC § 116.0002Title 5. REGULATION OF BUSINESSES AND SERVICES · Part C. BUSINESS OPERATIONS · Ch. 116. FEES FOR CERTAIN PAYMENT METHODS

Statute text

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(a)A person that makes a payment to a payee may not charge an additional fee to the payee because the payee elects to receive the payment by paper check instead of by an automated clearinghouse transaction or other electronic funds transfer.
(b)A provision in a contract permitting a person to charge or collect a fee from a payee in violation of Subsection (a) is void and unenforceable.

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 230 (H.B. 876), Sec. 1, eff. September 1, 2021.

Source: Texas Business & Commerce Code § 116.0002 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.