Sec. 342.353. NO REFUND ON PARTIAL PREPAYMENT OR OF AMOUNT LESS THAN $1. A refund is not required under this subchapter for a partial prepayment or if the amount to be refunded is less than $1.
Added 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 H. Refund of Precomputed Interest
Section 342.351. Refund of Precomputed Interest: Sum of the Periodic Balances
Section 342.352. Refund of Precomputed Interest on Contract: Scheduled Installment Earnings
Section 342.353. No Refund on Partial Prepayment or of Amount Less Than $1