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Texas Finance Code - FIN § 341.202. Revision of Ceiling or Bracket

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Each year the commissioner shall compute, in accordance with Section 341.203, the amount of each:

(1) ceiling on a cash advance regulated under this subtitle that is required to be revised;  and

(2) bracket that establishes a range of cash advances or balances to which a maximum charge provided by this subtitle applies and that is required to be revised.

(b) The revised ceiling or bracket amount takes effect on July 1 of the year of its computation.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 341.202. Revision of Ceiling or Bracket - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-341-202/

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