Texas Finance Code 342.254 – No Other Charges Authorized
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(a) On a loan made under this subchapter a lender may not contract for, charge, or receive an amount unless this subchapter authorizes the amount to be charged.
(b) An insurance charge is not authorized on a loan made under this subchapter.
Terms Used In Texas Finance Code 342.254
- Contract: A legal written agreement that becomes binding when signed.