Texas Finance Code 345.106 – Processing Fee for Returned Check
Current as of: 2024 | Check for updates
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A retail charge agreement may provide that the holder of the agreement may:
(1) charge the retail buyer, on return of a dishonored check given in payment under the agreement, a reasonable processing fee that does not exceed the amount prescribed by § 3.506, Business & Commerce Code; and
(2) add the fee to the unpaid balance under the agreement.