Sec. 604.051. FEES AND CHARGES RELATED TO ISSUANCE AND HANDLING OF CARD    


Latest version.
  • If disclosed as required by Subchapter C, the issuer of a stored value card may impose and collect a reasonable:

    (1) handling fee in connection with the issuance of or adding of value to the card;

    (2) access fee for a card transaction conducted at an unmanned teller machine, as defined by Section 59.301, Finance Code; and

    (3) reissue or replacement charge if an expired or lost card is reissued or replaced.

Added by Acts 2007, 80th Leg., R.S., Ch. 885 , Sec. 2.01, eff. April 1, 2009.