Sec. 342.505. DISCLOSURE OF AMOUNT FINANCED AND SCHEDULE OF PAYMENTS. A lender may not take a promise to pay or loan obligation that does not disclose the amount financed and the schedule of payments, except for an open-end account.
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 K. Limitations on Authorized Lender
Section 342.501. Obligation Under More Than One Contract
Section 342.502. Amount Authorized
Section 342.503. Security for Loan
Section 342.504. Confession of Judgment; Power of Attorney
Section 342.505. Disclosure of Amount Financed and Schedule of Payments
Section 342.506. Instrument With Blank Prohibited