Sec. 347.308.  FEE FOR TRANSFER OF OBLIGOR ON DEBT.  A creditor may:
(1)  agree to accept a subsequent consumer as an obligor under an existing obligation;  and
(2)  charge a transfer fee that does not exceed the greater of:
(A)  $50;  or
(B)  one-half of one percent of the unpaid balance of the credit transaction computed under Section 347.155.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.