Tex. Fin. Code Section 346.202
Amounts Authorized to Be Recovered from Customer


(a)

A creditor may recover from a customer amounts incurred by the creditor for:

(1)

court costs;

(2)

attorney’s fees assessed by a court;

(3)

a fee authorized by law for filing or recording in a public office a document securing a revolving credit account, including a document releasing a security interest;

(4)

a fee for recording a lien on or transferring a certificate of title to a motor vehicle securing a revolving credit account;

(5)

a reasonable amount spent for repossessing, storing, preparing for sale, or selling collateral; or

(6)

a premium or an identifiable charge received in connection with sale of insurance authorized for a revolving credit account.

(b)

With respect to a revolving credit account secured by an interest in real property, a creditor may contract for, charge, and receive additional fees or charges permitted under Section 342.307 (Amounts Authorized to Be Included in Contract) as if the revolving credit account were a secondary mortgage loan under Chapter 342 (Consumer Loans).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2003, 78th Leg., ch. 887, Sec. 5, eff. Sept. 1, 2003.

Source: Section 346.202 — Amounts Authorized to Be Recovered from Customer, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­346.­htm#346.­202 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 346.202’s source at texas​.gov