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2025 Texas Statutes
Finance Code
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle A - Interest
Chapter 303 - Optional Rate Ceilings
Subchapter E. Enforcement
Section 303.401. When Act or Omission Not Violation
Universal Citation:
TX Fin Code § 303.401 (2025)
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Sec. 303.401. WHEN ACT OR OMISSION NOT VIOLATION. An act or omission does not violate this title if the act or omission conforms to an interpretation of this title that is in effect at the time of the act or omission and that was made by:
(1) the consumer credit commissioner under Section 14.108; or
(2) an appellate court of this state or the United States.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.
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