The Laws of Usury as Applied to Texas Banks and Foreign Banks Lending in Texas

Presents a hypothetical lawyer who is returning to practice after a six-year absence and must be reacquainted and educated on the developments in both state and federal banking laws. The article focuses on developments regarding usury laws useful for lawyers representing banks or customers borrowing from banks. The author is critical of the current complicated usury laws in Texas and calls for reform to make them simple and clear.