Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 346.203 - More Than One Revolving Credit Account Authorized(a) On a customer's request, a creditor may enter into more than one revolving credit account with the customer and may charge interest on each account.(b) A creditor may not require that a customer enter into more than one revolving credit account for the purpose of collecting interest at a rate greater than the rate authorized by law. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.