Texas Finance Code

§ 346.202 — AMOUNTS AUTHORIZED TO BE RECOVERED FROM CUSTOMER

FI § 346.202Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 346. REVOLVING CREDIT ACCOUNTS · Art. C. CREDITOR'S DUTIES AND AUTHORITY

Statute text

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(a)A creditor may recover from a customer amounts incurred by the creditor for:

(1)court costs;

(2)attorney's fees assessed by a court;

(3)a fee authorized by law for filing or recording in a public office a document securing a revolving credit account, including a document releasing a security interest;

(4)a fee for recording a lien on or transferring a certificate of title to a motor vehicle securing a revolving credit account;

(5)a reasonable amount spent for repossessing, storing, preparing for sale, or selling collateral; or

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Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2003, 78th Leg., ch. 887, Sec. 5, eff. Sept. 1, 2003.