Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 5 - OFFICE OF CONSUMER CREDIT COMMISSIONER
Chapter 83 - REGULATED LENDERS AND CREDIT ACCESS BUSINESSES
Subchapter A - RULES FOR REGULATED LENDERS
Division 8 - REFUNDS FOR PRECOMPUTED LOANS
Section 83.752 - Specific Application to Subchapter E and G Loans
Universal Citation: 7 TX Admin Code § 83.752
Current through Reg. 50, No. 26; June 27, 2025
(a) Interest subject to refund. Precomputed interest in Texas Finance Code, Chapter 342, Subchapter E and G loans is subject to refund.
(b) Interest or fees not subject to refund.
(1) Administrative fees. Administrative fees authorized by Texas Finance Code, §
342.201(f) and §
342.308(c) are not subject to refund.
(2) Per diem interest. Per diem interest on odd days in the first installment period is not subject to being refunded if the per diem interest for the first installment period has been earned and collected during the first installment period.
(3) Refunds less than $1. Refunds of unearned interest are not required when a partial prepayment is made or when the sum of interest to be refunded is less than $1.
Disclaimer: These regulations may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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