Sec. 342.205. COLLECTION OF DEFAULT OR DEFERMENT INTEREST. Interest for default under Section 342.203 or for installment deferment under Section 342.204 may be collected when it accrues or at any time after it accrues.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Subchapter E. Interest Charges on Non-Real Property Loans
Section 342.201. Maximum Interest Charge and Administrative Fee
Section 342.202. Maximum Charge for Loan With Single Repayment
Section 342.203. Additional Interest for Default: Regular Transaction
Section 342.204. Additional Interest for Installment Deferment: Regular Transaction
Section 342.205. Collection of Default or Deferment Interest
Section 342.206. Additional Interest for Default: Irregular Transaction