Statutes | Kickapoo Traditional Tribe of Texas Tribal Penal Code Chapter 18 § 1, §18-150 | 2020
(a) It shall be unlawful to intentionally provide financing or make loans at a rate of interest more than thefollowing:
(1) If the amount to which the interest applies is less than One Hundred Dollars ($100.00), or the period of the loan of financing is less than one (1) year, or both, the rate of interest shall not exceed a twenty-four percent (24) per annum simple interestrate.
(2) If the amount to which the interest applies is greater than One Hundred Dollars ($100.00), or the period of the loan of financing is greater than one (1) year, or both, the rate of interest shall not exceed an eighteen percent (18) per annum simple interestrate.
(b) Criminal Usury shall be punishable by a fine not exceeding One Thousand Dollars ($1,000.00), and/or by imprisonment for a period not exceeding one (1) year. The victim is entitled to restitution for double the actual amount of interest which was actually paid and cancellation of all interest owing for the term of thefinancing.