reglab/housing_qa huggingface dataset:
TX Fin Code § 348.506 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.506. License Fee

Sec. 348.506.  LICENSE FEE.  Not later than the 30th day before the date the license expires, a license holder shall pay to the commissioner for each license held a fee in an amount determined as provided by Section 14.107.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 37, eff. September 1, 2019.|
TX Fin Code § 348.5065 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.5065. Grounds for Refusal to Renew

Sec. 348.5065.  GROUNDS FOR REFUSAL TO RENEW.  The commissioner may refuse to renew the license of a person who fails to comply with an order issued by the commissioner to enforce this chapter.|Added by Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 38, eff. September 1, 2019.|
TX Fin Code § 348.507 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.507. Expiration of License on Failure to Pay Fee

Sec. 348.507.  EXPIRATION OF LICENSE ON FAILURE TO PAY FEE.  If the fee for a license is not paid before the 16th day after the date on which the written notice of delinquency of payment has been given to the license holder, the license expires on that day.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 39, eff. September 1, 2019.|
TX Fin Code § 348.508 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.508. License Suspension or Revocation

Sec. 348.508.  LICENSE SUSPENSION OR REVOCATION.  After notice and opportunity for a hearing, the commissioner may suspend or revoke a license if the commissioner finds that:(1)  the license holder failed to pay the license fee, an examination fee, an investigation fee, or another charge imposed by the commissioner;(2)  the license holder, knowingly or without the exercise of due care, violated this chapter or a rule adopted or order issued under this chapter; or(3)  a fact or condition exists that, if it had existed or had been known to exist at the time of the original application for the license, clearly would have justified the commissioner's denial of the application.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 40, eff. September 1, 2019.|
TX Fin Code § 348.509 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.509. Reinstatement of Suspended License; Issuance of New License After Revocation

Sec. 348.509.  REINSTATEMENT OF SUSPENDED LICENSE;  ISSUANCE OF NEW LICENSE AFTER REVOCATION.  The commissioner may reinstate a suspended license or issue a new license on application to a person whose license has been revoked if at the time of the reinstatement or issuance no fact or condition exists that clearly would have justified the commissioner's denial of an original application for the license.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.|
TX Fin Code § 348.510 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.510. Surrender of License

Sec. 348.510.  SURRENDER OF LICENSE.  A license holder may surrender a license issued under this chapter by delivering to the commissioner:(1)  the license;  and(2)  a written notice of the license's surrender.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.|
TX Fin Code § 348.511 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.511. Effect of License Suspension, Revocation, or Surrender

Sec. 348.511.  EFFECT OF LICENSE SUSPENSION, REVOCATION, OR SURRENDER.  (a)  The suspension, revocation, or surrender of a license issued under this chapter does not affect the obligation of a contract between the license holder and a retail buyer entered into before the suspension, revocation, or surrender.(b)  Surrender of a license does not affect the license holder's civil or criminal liability for an act committed before surrender.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.|
TX Fin Code § 348.512 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.512. Transfer or Assignment of License

Sec. 348.512.  TRANSFER OR ASSIGNMENT OF LICENSE.  A license may be transferred or assigned only with the approval of the commissioner.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.|
TX Fin Code § 348.513 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.513. Adoption of Rules

Sec. 348.513.  ADOPTION OF RULES.  (a)  The finance commission may adopt rules to:(1)  enforce this chapter; or(2)  modify the standard form as required by Section 348.0091 to:(A)  conform to the provisions of the Truth in Lending Act (15 U.S.C. Section 1601 et seq.) or a regulation issued under authority of that Act;(B)  address any official commentary or other interpretation by a federal agency relating to the Truth in Lending Act (15 U.S.C. Section 1601 et seq.) or a regulation issued under authority of that Act; or(C)  address a judicial interpretation by a state or federal court relating to the Truth in Lending Act (15 U.S.C. Section 1601 et seq.) or a regulation issued under authority of that Act.(b)  The commissioner shall recommend proposed rules to the finance commission.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.Amended by: Acts 2009, 81st Leg., R.S., Ch. 676 (H.B. 2438), Sec. 9, eff. September 1, 2009.|
TX Fin Code § 348.514 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.514. Examination; Access to Records

Sec. 348.514.  EXAMINATION;  ACCESS TO RECORDS.  (a)  At the times the commissioner considers necessary, the commissioner or the commissioner's representative shall:(1)  examine each place of business of each license holder;  and(2)  investigate the license holder's transactions and records, including books, accounts, papers, and correspondence, to the extent the transactions and records pertain to the business regulated under this chapter.(b)  The license holder shall:(1)  give the commissioner or the commissioner's representative free access to the license holder's office, place of business, files, safes, and vaults;  and(2)  allow the commissioner or the commissioner's representative to make a copy of an item that may be investigated under Subsection (a)(2).(c)  During an examination or investigation the commissioner or the commissioner's representative may administer oaths and examine any person under oath on any subject pertinent to a matter that the commissioner is authorized or required to consider, investigate, or secure information about under this chapter.(d)  All information relating to the examination or investigation process is confidential, including:(1)  information obtained from the license holder;(2)  the examination report;(3)  instructions and attachments; and(4)  correspondence between the license holder and the commissioner or the commissioner's representative relating to an examination or investigation of the license holder.(e)  A license holder's violation of Subsection (b) is a ground for the suspension or revocation of the license.(f)  An examination of a license holder's place of business may be made only:(1)  after advance notice;  and(2)  during normal business hours.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.Amended by: Acts 2009, 81st Leg., R.S., Ch. 676 (H.B. 2438), Sec. 10, eff. September 1, 2009.|
TX Fin Code § 348.515 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.515. General Investigation

Sec. 348.515.  GENERAL INVESTIGATION.  To discover a violation of this chapter or to obtain information required under this chapter, the commissioner or the commissioner's representative may investigate the records, including books, accounts, papers, and correspondence, of a person, including a license holder, who the commissioner has reasonable cause to believe is violating this chapter, regardless of whether the person claims to not be subject to this chapter.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.|
TX Fin Code § 348.516 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.516. Payment of Examination Costs and Administration Expenses

Sec. 348.516.  PAYMENT OF EXAMINATION COSTS AND ADMINISTRATION EXPENSES.  A license holder shall pay to the commissioner an amount determined as provided by Section 14.107 and assessed by the commissioner to cover the direct and indirect costs of an examination and a proportionate share of general administrative expenses.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.|
TX Fin Code § 348.517 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.517. License Holder's Records; Document Retention Requirements

Sec. 348.517.  LICENSE HOLDER'S RECORDS; DOCUMENT RETENTION REQUIREMENTS.  (a)  A license holder shall maintain a record of each retail installment transaction made under this chapter as is necessary to enable the commissioner to determine whether the license holder is complying with this chapter.(b)  A license holder shall keep the record until the later of:(1)  the fourth anniversary of the date of the retail installment transaction; or(2)  the second anniversary of the date on which the final entry is made in the record.(c)  A record described by Subsection (a) must be prepared in accordance with accepted accounting practices.(d)  The commissioner shall accept a license holder's system of records if the system discloses the information reasonably required under Subsection (a).(e)  A license holder shall keep each obligation signed by a retail buyer at an office in this state designated by the license holder unless the obligation is transferred under an agreement that gives the commissioner access to the obligation.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.Amended by: Acts 2009, 81st Leg., R.S., Ch. 676 (H.B. 2438), Sec. 11, eff. September 1, 2009.Acts 2009, 81st Leg., R.S., Ch. 676 (H.B. 2438), Sec. 12, eff. September 1, 2009.|
TX Fin Code § 348.518 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 348 - Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 348.518. Sharing of Information

Sec. 348.518.  SHARING OF INFORMATION.  To ensure consistent enforcement of law and minimization of regulatory burdens, the commissioner and the Texas Department of Motor Vehicles may share information, including criminal history information, relating to a person licensed under this chapter.  Information otherwise confidential remains confidential after it is shared under this section.|Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.Amended by: Acts 2009, 81st Leg., R.S., Ch. 933 (H.B. 3097), Sec. 3D.03, eff. September 1, 2009.|
TX Fin Code § 349.001 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter A. Civil Penalties|Section 349.001. Liability for Contracting For, Charging, or Receiving Excessive Amount

Sec. 349.001.  LIABILITY FOR CONTRACTING FOR, CHARGING, OR RECEIVING EXCESSIVE AMOUNT.  (a)  A person who violates this subtitle by contracting for, charging, or receiving interest or time price differential greater than the amount authorized by this subtitle is liable to the obligor for an amount equal to:(1)  twice the amount of the interest or time price differential contracted for, charged, or received;  and(2)  reasonable attorney's fees set by the court.(b)  A person who violates this subtitle by contracting for, charging, or receiving a charge, other than interest or time price differential, greater than the amount authorized by this subtitle is liable to the obligor for an amount equal to:(1)  the greater of:(A)  three times the amount computed by subtracting the amount of the charge authorized by this subtitle from the amount of the charge contracted for, charged, or received;  or(B)  $2,000 or 20 percent of the amount of the principal balance, whichever is less;  and(2)  reasonable attorney's fees set by the court.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.24(a), eff. Sept. 1, 1999.|
TX Fin Code § 349.002 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter A. Civil Penalties|Section 349.002. Liability for Charges Exceeding Twice Amount Authorized

Sec. 349.002.  LIABILITY FOR CHARGES EXCEEDING TWICE AMOUNT AUTHORIZED.  (a)  A person who violates this subtitle by contracting for, charging, or receiving interest or time price differential that in an aggregate amount exceeds twice the total amount of interest or time price differential authorized by this subtitle is liable to the obligor as an additional penalty for all principal or principal balance, as well as all interest or time price differential.(b)  A person who is liable under Subsection (a) is also liable for reasonable attorney's fees incurred by the obligor in enforcing this section.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.25(a), eff. Sept. 1, 1999.|
TX Fin Code § 349.003 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter A. Civil Penalties|Section 349.003. Liability for Failure to Perform or for Performance of Prohibited Act

Sec. 349.003.  LIABILITY FOR FAILURE TO PERFORM OR FOR PERFORMANCE OF PROHIBITED ACT.  (a)  Except as provided by this subtitle, a person who fails to perform a requirement specifically imposed on the person by this subtitle or who commits an act prohibited by this subtitle is liable to the obligor for an amount that does not exceed an amount computed under one, but not both, of the following:(1)  three times the actual economic loss to the obligor that results from the violation;  or(2)  if the violation was material and the violation induced the obligor to enter into a transaction that the obligor would not have entered if the violation had not occurred, twice the interest or time price differential contracted for, charged, or received, not to exceed:(A)  $2,000 in a transaction in which the amount financed does not exceed $5,000;  or(B)  $4,000 in a transaction in which the amount financed exceeds $5,000.(b)  A person who is liable under Subsection (a) is also liable for reasonable attorney's fees set by the court.(c)  In a judicial proceeding under Subsection (a)(2), the court determines whether the violation is material and the finder of fact determines whether the violation induced the obligor to enter into the transaction.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 349.004 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter A. Civil Penalties|Section 349.004. Liability Related to Criminal Offense

Sec. 349.004.  LIABILITY RELATED TO CRIMINAL OFFENSE.  In addition to other applicable penalties, a person who commits an offense under Section 349.502 is liable to the obligor for an amount equal to:(1)  the principal of and all charges contracted for or collected on each loan made without the authority required by Chapter 342 or 346;  and(2)  reasonable attorney's fees incurred by the obligor.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.56, eff. Sept. 1, 1999.|
TX Fin Code § 349.005 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter A. Civil Penalties|Section 349.005. Liability for Violating Injunction

Sec. 349.005.  LIABILITY FOR VIOLATING INJUNCTION.  (a)  A person who violates an injunction issued under this subtitle is liable to this state for a civil penalty that does not exceed $1,000 for each violation.(b)  For purposes of this section, a district court that issues an injunction under this subtitle shall retain jurisdiction, and the cause shall be continued.(c)  The attorney general may petition the court for recovery of the civil penalty prescribed by this section.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 349.101 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter B. General Limitations on Liability|Section 349.101. No Liability if Violation Unintentional and From Bona Fide Error or if in Conformity With Other Law

Sec. 349.101.  NO LIABILITY IF VIOLATION UNINTENTIONAL AND FROM BONA FIDE ERROR OR IF IN CONFORMITY WITH OTHER LAW.  (a)  A person is not liable under Section 349.001, 349.002, or 349.003 if the person shows by a preponderance of evidence that:(1)  the violation:(A)  was not intentional;  and(B)  resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adopted to avoid such a violation;  or(2)  the violation was an act done or omitted in good faith in conformity with:(A)  a rule adopted under, or interpretation of, this title by a state agency, board, or commission;(B)  the Consumer Credit Protection Act (15 U.S.C. Section 1601 et seq.);  or(C)  a rule or regulation adopted under, or interpretation of, the Consumer Credit Protection Act (15 U.S.C. Section 1601 et seq.) by an agency, board, or commission of the United States.(b)  The exception from liability provided by Subsection (a)(2) is not affected by the fact that after the act or omission occurs, the rule, regulation, or interpretation in conformity with which the act was done or omitted is amended, rescinded, or determined by judicial or other authority to be invalid for any reason.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 349.102 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter B. General Limitations on Liability|Section 349.102. Liability for Multiple Violations in One Transaction

Sec. 349.102.  LIABILITY FOR MULTIPLE VIOLATIONS IN ONE TRANSACTION.  (a)  A person who would be liable under Sections 349.001 and 349.003 as a result of the same transaction is liable only for the penalties provided by Section 349.001.(b)  An obligor is entitled to only one recovery for multiple violations of this subtitle that occur in the same transaction.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 349.103 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 349 - Penalties and Liabilities|Subchapter B. General Limitations on Liability|Section 349.103. Limitation on Multiple Recovery of Penalties

Sec. 349.103.  LIMITATION ON MULTIPLE RECOVERY OF PENALTIES.  (a)  An administrative penalty, fine, settlement, or assurance of voluntary compliance under this title or federal law that is assessed by or agreed to with an administrative agency or the attorney general shall be considered and applied as a bar or credit to recovery of further fines, penalties, or enhanced damages for substantially the same act, practice, or violation in a suit or other proceeding brought by a private litigant under this title, the Business & Commerce Code, or other applicable law of this state.  This section does not apply to a claim for restitution for unreimbursed actual damages.(b)  A suit or other proceeding by a private litigant does not affect or restrict any state or federal agency from pursuing a person for any administrative remedy, including an administrative penalty.  An administrative agency of this state, however, shall consider as a mitigating factor any relief recovered in a private suit or proceeding when the agency determines an administrative remedy.|Added by Acts 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 4.07, eff. September 1, 2005.|