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100 chapters · 2,835 sections in this title.
Tex. Finance Code § 346.001 Definitions
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Sec. 346.001. DEFINITIONS. In this chapter: (1) "Billing cycle" means the interval between periodic billing statements. (2) "Credit card" means a card, confirmation, or identification or check or other written request by which a customer obtains access to a revolving credit accou…
Tex. Finance Code § 346.002 Average Daily Balance
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Sec. 346.002. AVERAGE DAILY BALANCE. (a) The average daily balance of a revolving credit account is computed by: (1) adding all of the ending balances in the account during each day of a billing cycle; and (2) dividing the total under Subdivision (1) by the number of days in the …
Tex. Finance Code § 346.003 Revolving Credit Accounts
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Sec. 346.003. REVOLVING CREDIT ACCOUNTS. (a) A revolving credit account is an open-end account: (1) that is established by a creditor for a customer under a written agreement between the creditor and the customer; (2) that the customer accepts by using the account; and (3) under …
Tex. Finance Code § 346.004 Application of Chapter To Revolving Credit Accounts
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Sec. 346.004. APPLICATION OF CHAPTER TO REVOLVING CREDIT ACCOUNTS. (a) Unless the contract for the account provides otherwise, this chapter applies to a revolving credit account described by Section 346.003 if the loan or extension of credit is extended primarily for personal, fa…