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Texas Finance Code

§ 94.054 — CHARACTER OF LOAN EXPENSE PAYMENTS

FI § 94.054Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 94. LOANS AND INVESTMENTS · Art. B. LOAN EXPENSES

Statute text

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An expense payment authorized by this subchapter is not interest or compensation charged by a savings bank for the loan of money.

Legislative history

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