Tex. Fin. Code § 94.052

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 94.052 - Consumer Loans

In the case of a consumer loan:

(1) a savings bank may charge a borrower the reasonable value of services rendered in connection with making the loan; and

(2) an expense charged a borrower must be:

(A) necessary and proper for the protection of the lender; and

(B) actually incurred in connection with making the loan.

Tex. Fin. Code § 94.052

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.