Sec. 303.405. EXAMINATION OF RECORDS; INSPECTIONS; RULES. (a) Section 342.552 applies to a transaction:
(1) that is made by a person who holds a license under Chapter 342;
(2) that is subject to Chapter 342 or 346; and
(3) the rate of which is authorized by this chapter.
(b) Subchapter L, Chapter 342, applies to a loan:
(1) that is subject to Chapter 342; and
(2) the rate of which is authorized by this chapter.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Chapter 303 - Optional Rate Ceilings
Section 303.401. When Act or Omission Not Violation
Section 303.402. Penalty for Violation of Chapter for Certain Contracts Subject to Subtitle B
Section 303.403. Penalty for Violation of Ceiling in Certain Contracts
Section 303.404. Enforcement by Consumer Credit Commissioner
Section 303.405. Examination of Records; Inspections; Rules
Section 303.406. Enforcement by Credit Union Commissioner
Section 303.407. Enforcement by Texas Department of Insurance