Texas Finance Code 353.105 – Use of Optional Ceiling
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Terms Used In Texas Finance Code 353.105
- Contract: A legal written agreement that becomes binding when signed.
As an alternative to the maximum rate or amount authorized for a time price differential under § 353.104 or 353.106, a retail installment contract may provide for a rate or amount of time price differential that does not exceed the rate or amount authorized by Chapter 303.