Sec. 347.103. RATE ADJUSTMENT INDEX BASE. The index base for an adjustment of the interest rate or time price differential is set by the index value on the first day of the month in which the credit document is dated.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 347 - Manufactured Home Credit Transactions
Subchapter C. Finance Charge Rates and Adjustments
Section 347.101. Adjustable Rate
Section 347.102. Requirements for Rate Adjustments
Section 347.103. Rate Adjustment Index Base
Section 347.104. Amount of Rate Adjustment
Section 347.105. Maximum Rate Adjustments
Section 347.106. Mandatory Decrease; Optional Increase
Section 347.107. Notice of Rate Adjustment
Section 347.108. Prohibition on Use of Rate Adjustment and Certain Mortgages
Section 347.109. Computation of Finance Charge for Disclosure