Sec. 303.007. ANNUALIZED CEILING. The annualized ceiling may be used as an alternative to the weekly ceiling only for a written contract that involves an open-end account. Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.
Annualized Ceiling
Tex. Finance Code § 303.007, under Optional Rate Ceilings.
Tex. Finance Code § 303.007