Texas Finance Code § 303.301 Agreement To Which Chapter Does Not Apply

Sec. 303.301. AGREEMENT TO WHICH CHAPTER DOES NOT APPLY. The rate ceilings provided by this chapter do not apply to an agreement:

(1) under which credit is extended by the seller, or an owner, subsidiary, or corporate affiliate of the seller, for a transaction governed by Chapter 601, Business & Commerce Code; and

(2) that is secured by a lien on the obligor's homestead.

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.

Amended by:

Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.16, eff. April 1, 2009.

Section: Previous  303.103  303.104  303.105  303.106  303.201  303.202  303.203  303.301  303.302  303.401  303.402  303.403  303.404  303.405  303.406  Next

Last modified: September 28, 2016