Tex. Fin. Code § 345.106 · Subchapter C. RETAIL CHARGE AGREEMENT
PROCESSING FEE FOR RETURNED CHECK.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A retail charge agreement may provide that the holder of the agreement may:
(1) charge the retail buyer, on return of a dishonored check given in payment under the agreement, a reasonable processing fee that does not exceed the amount prescribed by Section 3.506, Business & Commerce Code; and
(2) add the fee to the unpaid balance under the agreement.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371), Sec. 16, eff. September 1, 2023.
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 dc8cc830f45fa2eb75aad2501de5e8cd1cb2378941ce3ee4d032f3a7e72bef05
- 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
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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.