Texas § FI.349.002 - LIABILITY FOR CHARGES EXCEEDING TWICE AMOUNT AUTHORIZED
Full text of Texas The Texas Constitution § FI.349.002 — LIABILITY FOR CHARGES EXCEEDING TWICE AMOUNT AUTHORIZED, with citation guidance and answers to common questions.
§ FI.349.002. LIABILITY FOR CHARGES EXCEEDING TWICE AMOUNT AUTHORIZED
LIABILITY FOR CHARGES EXCEEDING TWICE AMOUNT AUTHORIZED. (a) A person who violates this subtitle by contracting for, charging, or receiving interest or time price differential that in an aggregate amount exceeds twice the total amount of interest or time price differential authorized by this subtitle is liable to the obligor as an additional penalty for all principal or principal balance, as well as all interest or time price differential. (b) A person who is liable under Subsection (a) is also liable for reasonable attorney's fees incurred by the obligor in enforcing this section. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.25(a), eff. Sept. 1, 1999.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.349.002
What does The Texas Constitution § FI.349.002 cover?
Section FI.349.002 ("LIABILITY FOR CHARGES EXCEEDING TWICE AMOUNT AUTHORIZED") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.349.002?
A common citation format is "The Texas Constitution § FI.349.002" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.349.002 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.