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Texas Finance Code - FIN § 349.004. Liability Related to Criminal Offense

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

In addition to other applicable penalties, a person who commits an offense under Section 349.502 is liable to the obligor for an amount equal to:

(1) the principal of and all charges contracted for or collected on each loan made without the authority required by Chapter 342 or 346; and

(2) reasonable attorney's fees incurred by the obligor.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 349.004. Liability Related to Criminal Offense - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-349-004/

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