Texas Finance Code

§ 345.054 — TIME PRICE DIFFERENTIAL FOR CONTRACT

FI § 345.054Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 345. RETAIL INSTALLMENT SALES · Art. B. RETAIL INSTALLMENT CONTRACT

Statute text

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A retail installment contract may provide for:

(1)any amount of time price differential permitted under Section 345.055, 345.056, 345.057, or 345.058; or

(2)any rate of time price differential not exceeding a yield permitted under Section 345.055, 345.056, 345.057, or 345.058.

Legislative history

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