Sec. 604.052.  FEES OR CHARGES THAT DECREASE UNREDEEMED BALANCE OF CARD.  The issuer of a stored value card may impose or collect a periodic fee or other charge that causes the unredeemed balance of the card to decrease over time only if the fee:
(1)  is reasonable;
(2)  is not assessed until after the first anniversary of the date the card is sold or issued; and
(3)  is disclosed as required by Subchapter C.
Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.