Texas Finance Code

§ 345.061 — CHARGES FOR COLLECTING DEBT

FI § 345.061Title 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 the payment of:

(1)an attorney's reasonable fees if the contract is referred for collection to an attorney who is not a salaried employee of the holder; and

(2)court costs and disbursements.

Legislative history

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