Texas § FI.393.602 - APPLICABILITY
Full text of Texas The Texas Constitution § FI.393.602 — APPLICABILITY, with citation guidance and answers to common questions.
§ FI.393.602. APPLICABILITY
APPLICABILITY. (a) This subchapter applies only to a credit services organization that, with respect to a consumer who is located in this state at the time of the transaction, obtains for a consumer or assists a consumer in obtaining an extension of consumer credit in the form of: (1) a deferred presentment transaction; or (2) a motor vehicle title loan. (b) A credit access business may assess fees for its services as agreed to between the parties. A credit access business fee may be calculated daily, biweekly, monthly, or on another periodic basis. A credit access business is permitted to charge amounts allowed by other laws, as applicable. A fee may not be charged unless it is disclosed. (c) A person may not use a device, subterfuge, or pretense to evade the application of this subchapter. A lawful transaction governed under another statute, including Title 1, Business & Commerce Code, does not violate this subsection and may not be considered a device, subterfuge, or pretense to evade the application of this subchapter. Added by Acts 2011, 82nd Leg., R.S., Ch. 1302 (H.B. 2594 ), Sec. 2, eff. January 1, 2012. Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442 ), Sec. 82, eff. September 1, 2019.
Frequently Asked Questions About Texas § FI.393.602
What does The Texas Constitution § FI.393.602 cover?
Section FI.393.602 ("APPLICABILITY") 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.393.602?
A common citation format is "The Texas Constitution § FI.393.602" (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.393.602 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.