Tex. Fin. Code § 349.004

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

Section 349.004 - Liability Related to Criminal Offense

In addition to other applicable penalties, a person who commits an offense under Section 349.502 is liable to the obligor for an amount equal to:

(1) the principal of and all charges contracted for or collected on each loan made without the authority required by Chapter 342 or 346; and

(2) reasonable attorney's fees incurred by the obligor.

Tex. Fin. Code § 349.004

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.56, eff. 9/1/1999.

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