Tex. Fin. Code § 345.058 · Subchapter B. RETAIL INSTALLMENT CONTRACT
MINIMUM TIME PRICE DIFFERENTIAL FOR CONTRACT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Notwithstanding Section 345.055, 345.056, or 345.057:
(1) a retail installment contract with an initial principal balance of $75 or more may provide for a minimum time price differential that does not exceed $12;
(2) a retail installment contract with an initial principal balance of more than $25 and less than $75 may provide for a minimum time price differential that does not exceed $9; and
(3) a retail installment contract with an initial principal balance of $25 or less may provide for a minimum time price differential that does not exceed $6.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.345.htm
- Text hash
- sha256 07a5f345d9f358295220ebcbd009479d3a989def12ad3c188e818c305f104d62
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Finance Code
- Tex. Fin. Code § 345.055TIME PRICE DIFFERENTIAL FOR CONTRACT PAYABLE IN EQUAL MONTHLY PAYMENTS.Printed as Section 345.055, 345.056, or 345.057
- Tex. Fin. Code § 345.056USE OF OPTIONAL CEILING.Printed as Section 345.055, 345.056, or 345.057
- Tex. Fin. Code § 345.057TIME PRICE DIFFERENTIAL FOR OTHER CONTRACTS.Printed as Section 345.055, 345.056, or 345.057
Cited by 2 provisions
Provisions in this library whose text cites Tex. Fin. Code § 345.058. Each shows the citation as that text prints it.
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.