Texas Finance Code

§ 303.301 — AGREEMENT TO WHICH CHAPTER DOES NOT APPLY

FI § 303.301Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part A. INTEREST · Ch. 303. OPTIONAL RATE CEILINGS · Art. D. LIMITATIONS ON APPLICABILITY OF CHAPTER

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The rate ceilings provided by this chapter do not apply to an agreement:

(1)under which credit is extended by the seller, or an owner, subsidiary, or corporate affiliate of the seller, for a transaction governed by Chapter 601, Business & Commerce Code; and

(2)that is secured by a lien on the obligor's homestead. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999. Amended by:

Legislative history

Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.16, eff. April 1, 2009.