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Texas Finance Code

§ 345.107 — PROHIBITED FEES

FI § 345.107Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 345. RETAIL INSTALLMENT SALES · Art. C. RETAIL CHARGE AGREEMENT

Statute text

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An annual, membership, or participation fee may not be charged to or collected from a retail buyer in connection with a retail charge agreement.

Legislative history

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