Finance Code § 371.306

Sec. 371.306. PENALTY FOR CERTAIN VIOLATIONS. (a) A pawnbroker who contracts for, charges, or collects a pawn service charge that is greater than the amount authorized by this chapter or otherwise violates this chapter: (1) is liable for twice the amount of the pawn service charge contracted for; and (2) shall return the goods pledged in connection with the pawn transaction on request of the pledgor and payment of the balance due. (b) A pawnbroker who contracts for, charges, or collects a pawn service charge that is greater than twice the amount authorized by this chapter: (1) is not entitled to collect any amount on the pawn transaction; and (2) shall return the goods pledged in connection with the pawn transaction on request of the pledgor. (c) Subsection (a) or (b) does not apply to a violation that results from an accidental and bona fide error, corrected upon discovery. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.