Texas § FI.345.155 - TIME PRICE DIFFERENTIAL COMPUTATION AND AMOUNT
Full text of Texas The Texas Constitution § FI.345.155 — TIME PRICE DIFFERENTIAL COMPUTATION AND AMOUNT, with citation guidance and answers to common questions.
§ FI.345.155. TIME PRICE DIFFERENTIAL COMPUTATION AND AMOUNT
TIME PRICE DIFFERENTIAL COMPUTATION AND AMOUNT. (a) A time price differential authorized under Subchapter C shall be computed using the average daily balance method. (b) If the amount of a time price differential otherwise authorized under Subchapter C for a billing cycle in which a balance is due is less than 75 cents a month, the holder may charge an amount that does not exceed 75 cents a month. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1182 (H.B. 3453 ), Sec. 7, eff. September 1, 2011.
Frequently Asked Questions About Texas § FI.345.155
What does The Texas Constitution § FI.345.155 cover?
Section FI.345.155 ("TIME PRICE DIFFERENTIAL COMPUTATION AND AMOUNT") 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.345.155?
A common citation format is "The Texas Constitution § FI.345.155" (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.345.155 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.