LIABILITY FOR CHARGE EXCEEDING AMOUNT AUTHORIZED.

Tex. FIN Code § 347.502.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(a) Notwithstanding Chapter 349 , a creditor who contracts for, charges, or receives a charge relating to a credit transaction, other than interest or time price differential, that is more than that authorized by this chapter is liable to the consumer as provided by Section 349.003 . (b) For purposes of this section, a late fee, default charge, or delinquency charge is included as a charge relating to a credit transaction.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

Starting a business in Texas? Texas LLC guide: costs and requirements