Tex. Fin. Code § 303.002 : FINANCE CODE — REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS — INTEREST — OPTIONAL RATE CEILINGS — RATE CEILINGS: APPLICABILITY, COMPUTATION, AND PUBLICATION — Weekly Ceiling

The parties to a written agreement may agree to an interest rate, or in an agreement described by Chapter 345, 347, 348, or 353, an amount of time price differential producing a rate, that does not exceed the applicable weekly ceiling.

Tex. Fin. Code § 303.002

Amended By Acts 2011, 82nd Leg., R.S., Ch. 117, Sec. 3, eff. 9/1/2011.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. 9/1/1999.
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