Texas Finance Code

§ 303.501 — APPLICABILITY OF CREDIT UNION ACT

FI § 303.501Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part A. INTEREST · Ch. 303. OPTIONAL RATE CEILINGS · Art. F. EFFECT ON OTHER STATUTES OF USING OPTIONAL RATE

Statute text

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Except as inconsistent with this chapter:

(1)a person subject to Subtitle D, Title 3, who contracts for, charges, or receives a rate or amount authorized by this chapter remains subject to that subtitle; and

(2)a party to a transaction described by Subdivision (1) has all the rights provided by that subtitle.

Legislative history

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.