Tex. Fin. Code § 305.102

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

Section 305.102 - Legal Interest During Interest-Free Period

A person is not liable to an obligor solely because the person charges or receives legal interest before the 30th day after the date on which the debt is due.

Tex. Fin. Code § 305.102

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. 9/1/1999.