Tex. Fin. Code § 342.505 · Subchapter K. LIMITATIONS ON AUTHORIZED LENDER
DISCLOSURE OF AMOUNT FINANCED AND SCHEDULE OF PAYMENTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
A lender may not take a promise to pay or loan obligation that does not disclose the amount financed and the schedule of payments, except for an open-end account.
Notes and commentary — not statutory text
History
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm
- Text hash
- sha256 c8fe5eb4f90940bbb281b256a28f593cb7bd8391d573fda0cabd9d5a506292b2
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.