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HB 2498, 72nd R.S.
Relating to the definition of interest; certain penalties for receipt of interest in an amount that produces a rate in excess of the maximum rate; agreements to pay interest in an amount that produces a rate in excess of the maximum rate; determinations whether the amount of interest received produces a rate in excess of the maximum rate; determinations of the amount of interest received; contracting for, charging, or receipt of time price differentials; the enforceability of agreements to pay prepayment premiums; contracting for, charging, and receipt of late payment charges; and expenses that may be charged and received in connection with making, renewing, or extending certain loans.

Last action: 1st Printing sent to Calendars

Author: Ashley Smith

Subjects:
Business & Commerce--General
Financial--General

House Committee: Financial Institutions (Jim Tallas, John Carona, Henry Cuellar, Roberto Gutierrez, Jerald Larry, Ken Marchant, Pete Patterson, Dalton Smith, Ralph Wallace III) Minutes: April 8 1991 | May 13 1991 | May 16 1991


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