Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
(a) An acquisition charge authorized under Section 342.252(1), (2), or (3) is considered to be earned at the time a loan is made and is not subject to refund.(b) On the prepayment of a loan with a cash advance of $30 or more, the installment account handling charge authorized under Section 342.252(2) or (3) is subject to refund in accordance with Subchapter H.Amended by Acts 2001, 77th Leg., ch. 189, Sec. 1, eff. 9/1/2001.Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. 9/1/1999.