Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 305.008 - Criminal Penalty(a) A person commits an offense if the person contracts for, charges, or receives interest on a transaction for personal, family, or household use that is greater than twice the amount authorized by this subtitle.(b) An offense under this section is a misdemeanor punishable by a fine of not more than $1,000.(c) Each contract or transaction that violates this section is a separate offense.(d) This section applies only to a contract or transaction subject to this subtitle.Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. 9/1/1999.