Texas Finance Code Title 4, Chapter 305 - Penalties And Remedies

SUBCHAPTER A CIVIL LIABILITY; CRIMINAL PENALTY

• Texas Section 305.001 - Liability For Usurious Interest
  (a) A creditor who contracts for, charges, or receives interest that is greater than the amount authorized by this subtitle in connection with a transaction...
• Texas Section 305.002 - Additional Liability For More Than Twice Authorized Rate Of Interest
  (a) In addition to the amount determined under Section 305.001, a creditor who charges and receives interest that is greater than twice the amount authorized...
• Texas Section 305.003 - Liability For Usurious Legal Interest
  (a) A creditor who charges or receives legal interest that is greater than the amount authorized by this subtitle is liable to the obligor for...
• Texas Section 305.004 - Additional Liability For More Than Twice Authorized Rate Of Legal Interest
  (a) In addition to the amount determined under Section 305.003, a creditor who charges and receives legal interest that is greater than twice the amount...
• Texas Section 305.005 - Attorney's Fees
  A creditor who is liable under Section 305.001 or 305.003 is also liable to the obligor for reasonable attorney's fees set by the court. Amended...
• Texas Section 305.006 - Limitation On Filing Suit
  (a) An action under this chapter must be brought within four years after the date on which the usurious interest was contracted for, charged, or...
• Texas Section 305.007 - Penalties Exclusive
  The penalties provided by this chapter are the only penalties for violation of this subtitle for contracting for, charging, or receiving interest in an amount...

SUBCHAPTER B EXCEPTION FROM LIABILITY

• Texas Section 305.008 - Criminal Penalty
  (a) A person commits an offense if the person contracts for, charges, or receives interest on a transaction for personal, family, or household use that...
• Texas Section 305.101 - Accidental And Bona Fide Error
  A creditor is not subject to penalty under this chapter for any usurious interest that results from an accidental and bona fide error. Amended by...
• Texas Section 305.102 - Legal Interest During Interest-free Period
  A person is not liable to an obligor solely because the person charges or receives legal interest before the 30th day after the date on...
• Texas Section 305.103 - Correction Of Violation
  (a) A creditor is not liable to an obligor for a violation of this subtitle if: (1) not later than the 60th day after the...
• Texas Section 305.104 - Correction Exception Available To All Similarly Situated
  If in a single transaction more than one creditor may be liable for a violation of this subtitle, compliance with Section 305.103 by any of...
• Texas Section 305.105 - Amounts Payable Pursuant To A Final Judgment
  A creditor is not liable to an obligor for a violation of this subtitle if the creditor receives interest that has been awarded pursuant to...

Last modified: September 28, 2016