Cryptocurrency Q&A
Are surcharges legal in Texas?
Are surcharges legal in Texas?
Dario
Thu Sep 05 2024
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7 answers
1973
As a concerned citizen, I'm wondering about the legality of surcharges in Texas. Are they allowed by law, and if so, under what conditions? I've heard mixed opinions on the matter, and I'd like to have a clear understanding of the regulations surrounding this issue. Could you please clarify the legal status of surcharges in Texas and provide any relevant information or guidelines that may be helpful in understanding this topic?
7 answers
mia_harrison_painter
Sat Sep 07 2024
The Business and Commerce Code, specifically Chapter 604A, clearly prohibits businesses from levying additional charges on customers utilizing credit cards for payment.
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GwanghwamunPride
Sat Sep 07 2024
This exception acknowledges the unique circumstances and financial necessities of these entities, differentiating them from typical commercial businesses.
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SkyWalkerEcho
Sat Sep 07 2024
This legislative stance safeguards consumer rights and ensures fairness in financial transactions.
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BlockchainBrawler
Sat Sep 07 2024
Any entity found to be in violation of this regulation faces a significant civil penalty, which can amount to $500 per instance.
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BlockchainBaron
Sat Sep 07 2024
Notably, the law does not apply universally, as it exempts state and local governments, along with certain private educational institutions, from this surcharge restriction.
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