More Than One Revolving Credit Account Authorized

Sec. 346.203. MORE THAN ONE REVOLVING CREDIT ACCOUNT AUTHORIZED. (a) On a customer's request, a creditor may enter into more than one revolving credit account with the customer and may charge interest on each account. (b) A creditor may not require that a customer enter into more than one revolving credit account for the purpose of collecting interest at a rate greater than the rate authorized by law. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.