reglab/housing_qa huggingface dataset:
TX Fin Code § 353.5065 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.5065. Grounds for Refusal of Renewal

Sec. 353.5065.  GROUNDS FOR REFUSAL OF RENEWAL.  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. 59, eff. September 1, 2019.|
TX Fin Code § 353.507 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.507. Expiration of License on Failure to Pay Fee

Sec. 353.507.  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 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 60, eff. September 1, 2019.|
TX Fin Code § 353.508 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.508. License Suspension or Revocation

Sec. 353.508.  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 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 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 61, eff. September 1, 2019.|
TX Fin Code § 353.509 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.509. Reinstatement of Suspended License; Issuance of New License After Revocation

Sec. 353.509.  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 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.510 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.510. Surrender of License

Sec. 353.510.  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 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.511 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.511. Effect of License Suspension, Revocation, or Surrender

Sec. 353.511.  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 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.512 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.512. Transfer or Assignment of License

Sec. 353.512.  TRANSFER OR ASSIGNMENT OF LICENSE.  A license may be transferred or assigned only with the approval of the commissioner.|Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.513 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.513. Adoption of Rules

Sec. 353.513.  ADOPTION OF RULES.  (a)  The finance commission may adopt rules to enforce this chapter.(b)  The commissioner shall recommend proposed rules to the finance commission.|Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.514 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.514. General Investigation

Sec. 353.514.  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 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.515 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 353 - Commercial Motor Vehicle Installment Sales|Subchapter F. Licensing; Administration of Chapter|Section 353.515. Sharing of Information

Sec. 353.515.  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 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 371.001 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter A. General Provisions|Section 371.001. Short Title

Sec. 371.001.  SHORT TITLE.  This chapter shall be known and may be cited as the "Texas Pawnshop Act."|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 371.002 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter A. General Provisions|Section 371.002. Purposes

Sec. 371.002.  PURPOSES.  The purposes of this chapter are to:(1)  prevent fraud, unfair practices, discrimination, imposition, and abuse of state residents;(2)  exercise the state's police power to ensure a sound system of making pawn loans and transfers of personal property by and through pawnshops;(3)  prevent transactions in stolen property and other unlawful property transactions by licensing and regulating pawnbrokers;(4)  provide for licensing and investigation fees;(5)  provide minimum capital requirements for pawnbrokers;(6)  ensure financial responsibility to the state and its residents and compliance with federal, state, and local law, including rules and ordinances; and(7)  assist local governments in the exercise of their police power.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 63, eff. September 1, 2019.|
TX Fin Code § 371.003 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter A. General Provisions|Section 371.003. Definitions

Sec. 371.003.  DEFINITIONS.  In this chapter:(1)  "Applicable liabilities" include trade or other accounts payable;  accrued sales, income, or other taxes;  accrued expenses;  and notes or other payables that are unsecured or secured in whole or part by current assets.  The term does not include a liability secured by assets other than current assets.(2)  "Commissioner" means the consumer credit commissioner.(3)  "Current assets" include an investment made in cash, bank deposits, merchandise inventory, and loans due from customers, excluding the pawn service charge.  The term does not include an investment made in:(A)  fixed assets of real estate, furniture, fixtures, or equipment;(B)  stocks, bonds, or other securities;  or(C)  prepaid expenses or other general intangibles.(4)  "Goods" means tangible personal property.(5)  "Net assets" means the book value of current assets less applicable liabilities.(6)  "Pawnbroker" means a person engaged in the business of:(A)  lending money on the security of pledged goods;  or(B)  purchasing goods on condition that the goods may be redeemed or repurchased by the seller for a fixed price within a fixed period.(7)  "Pawnshop" means a location at which or premises in which a pawnbroker regularly conducts business.(8)  "Pawn transaction" means the pledging, by a person present in this state at the time of the transaction, with a pawnbroker of a single item of goods as security for a loan of money.(9)  "Pledged goods" means goods deposited with or otherwise delivered into the possession of a pawnbroker in connection with a pawn transaction.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 64, eff. September 1, 2019.|
TX Fin Code § 371.004 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter A. General Provisions|Section 371.004. Computation of Month

Sec. 371.004.  COMPUTATION OF MONTH.  (a)  For the computation of time in this chapter, a month is the period from a date in a month to the corresponding date in the succeeding month.  If the succeeding month does not have a corresponding date, the period ends on the last day of the succeeding month.(b)  For the computation of a fraction of a month, a day is equal to one-thirtieth of a month.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 371.005 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter A. General Provisions|Section 371.005. Regulatory Authority

Sec. 371.005.  REGULATORY AUTHORITY.  The legislature has exclusive authority regarding the operation of pawnshops, except for a matter delegated by this chapter to the commissioner.  The commissioner has the authority to regulate only a business practice that requires a pawnshop license.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 801, Sec. 1, eff. Sept. 1, 1999.|
TX Fin Code § 371.006 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter A. General Provisions|Section 371.006. Rulemaking

Sec. 371.006.  RULEMAKING.  (a)  The Finance Commission of Texas may adopt rules to enforce this chapter.(b)  A rule shall be entered in a permanent record book.  The book is a public record and shall be kept in the office of the commissioner.(c)  A copy of a rule shall be mailed to each license holder, and the rule may not take effect before the 21st day after the earliest date on which all of the copies have been mailed.(d)  On application by any person and on payment of any associated cost, the commissioner shall furnish the person a certified copy of a rule adopted by the Finance Commission of Texas.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 801, Sec. 2, eff. Sept. 1, 1999;  Acts 2001, 77th Leg., ch. 867, Sec. 99, eff. Sept. 1, 2001.|
TX Fin Code § 371.007 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter A. General Provisions|Section 371.007. Staggered Renewal of Licenses

Sec. 371.007.  STAGGERED RENEWAL OF LICENSES.  (a)  The Finance Commission of Texas by rule may adopt a system under which licenses issued under this chapter expire on various dates during the year.(b)  For a year in which an expiration date is changed, a license fee payable on the date of issuance shall be prorated according to the number of months during which the license is valid.(c)  On renewal of a license on the new expiration date, the total license fee is payable.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 2001, 77th Leg., ch. 867, Sec. 100, eff. Sept. 1, 2001.|
TX Fin Code § 371.051 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.051. Pawnshop License Required

Sec. 371.051.  PAWNSHOP LICENSE REQUIRED.  A person may not engage in business as a pawnbroker unless the person holds a pawnshop license.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 371.052 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.052. Eligibility

Sec. 371.052.  ELIGIBILITY.(a)  To be eligible for a pawnshop license, an applicant must:(1)   meet the net assets requirement of Section 371.072; and(2)  show that:(A)  the pawnshop will be operated lawfully and fairly under this chapter; and(B)  the applicant or the applicant's owners and managers have the financial responsibility, experience, character, and general fitness to command the confidence of the public in the pawnshop's operations.(b)  Repealed by Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 95(2), eff. September 1, 2019.(c)  For purposes of a disqualification under Chapter 53, Occupations Code, the commissioner is a licensing authority.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 2001, 77th Leg., ch. 1420, Sec. 14.748, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 65, eff. September 1, 2019.Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 95(2), eff. September 1, 2019.|
TX Fin Code § 371.053 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.053. Verification of Applicant's Net Assets

Sec. 371.053.  VERIFICATION OF APPLICANT'S NET ASSETS.  If the commissioner cannot verify that an applicant meets the net assets requirement of Section 371.072, the commissioner may require a finding, including a current balance sheet, by an independent certified public accountant that:(1)  the accountant has reviewed the applicant's books and records;  and(2)  the applicant meets the net assets requirement.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 371.054 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.054. License Application

Sec. 371.054.  LICENSE APPLICATION.  (a)  This section applies to an application for:(1)  an original pawnshop license;(2)  relocation of a pawnshop;  or(3)  transfer of a pawnshop license and approval of a change in the ownership of a pawnshop.(b)  An application must be made to the commissioner and must:(1)  be under oath;(2)  state:(A)  the full name and place of residence of the applicant;(B)  the full name and address of each member if the applicant is a partnership;(C)  except as provided by Subsection (c), the full name and address of each officer, shareholder, and director if the applicant is a corporation;(D)  the location where the business is to be conducted;  and(E)  other relevant information required by the commissioner;  and(3)  be accompanied by the fees and proof of insurance required by Section 371.055.(c)  The full name and address of each shareholder is not required if the applicant is owned directly or beneficially by a person who:(1)  is an issuer of securities who:(A)  has a class of securities registered under Section 12 of the Securities Exchange Act of 1934 (15 U.S.C. Section 78l);  or(B)  is required to file reports with the Securities and Exchange Commission by Section 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. Section 78o(d));  and(2)  has filed with the commissioner the information, documents, and reports required by the Securities Exchange Act of 1934 (15 U.S.C. Section 77b et seq.) to be filed by the issuer with the Securities and Exchange Commission.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 371.055 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.055. Fees; Proof of Insurance

Sec. 371.055.  FEES; PROOF OF INSURANCE.  An applicant must submit with the application:(1)  an investigation fee of:(A)  $500 if the applicant does not hold a license; or(B)  $250 if the application:(i)  is for an additional license for a separate location; or(ii)  involves substantially identical principals and owners of a licensed pawnshop at a separate location;(2)  a fee in an amount determined as provided by Section 14.107; and(3)  proof of general liability and fire insurance in a reasonable amount and form required by the commissioner.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 2001, 77th Leg., ch. 1235, Sec. 20, eff. Sept. 1, 2001.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 66, eff. September 1, 2019.|
TX Fin Code § 371.056 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.056. Bond

Sec. 371.056.  BOND.  (a)  The commissioner may require that an applicant file a bond with the application.  The bond must be:(1)  satisfactory to the commissioner;(2)  in the amount set by the commissioner not to exceed $5,000 for each license;  and(3)  issued by a surety qualified to do business in this state.(b)  The aggregate liability of the surety may not exceed the amount of the bond.(c)  The bond must be in favor of this state for the use of this state and the use of a person who has a cause of action under this chapter against the pawnbroker.(d)  The bond must be conditioned on:(1)  the pawnbroker's compliance with this chapter and rules adopted under this chapter;  and(2)  the payment of all amounts that become due to this state or to another person under this chapter.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 371.057 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.057. Investigation; Notice of Application

Sec. 371.057.  INVESTIGATION;  NOTICE OF APPLICATION.  (a)  On receipt of an application and the required fees, the commissioner shall:(1)  conduct an investigation to determine whether to issue the license;  and(2)  give notice of the application to:(A)  the Department of Public Safety of the State of Texas;(B)  each local law enforcement agency in the county in which the business is to be conducted;  and(C)  each pawnbroker in the county in which the applicant pawnshop is to be located.(b)  The notice to the department of public safety and local law enforcement agencies must state the name and address of each person required by Section 371.054 to be listed on the license application.(c)  The commissioner shall give the department and local law enforcement agencies a reasonable time to respond with information concerning the listed persons or with any other relevant information.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 371.058 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle C - Pawnshops|Chapter 371 - Pawnshops|Subchapter B. Pawnshop License|Section 371.058. Public Hearing

Sec. 371.058.  PUBLIC HEARING.  (a)  On request, the commissioner shall conduct a public hearing before issuing a pawnshop license.(b)  The commissioner shall give a pawnbroker that would be affected by the granting of an application for a pawnshop license an opportunity to appear, present evidence, and be heard for or against the application.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|