reglab/housing_qa huggingface dataset:
TX Fin Code § 351.101 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter C. Application for and Issuance of License|Section 351.101. Application Requirements

Sec. 351.101.  APPLICATION REQUIREMENTS.  (a)  The application for a license under this chapter must:(1)  be under oath;(2)  give the approximate location from which business is to be conducted;(3)  identify the business's principal parties in interest;  and(4)  contain other relevant information that the commissioner requires for the findings required under Section 351.104.(b)  On the filing of one or more license applications, the applicant shall pay to the commissioner an investigation fee not to exceed $200.(c)  On the filing of each license application, the applicant shall pay to the commissioner a license fee in an amount determined as provided by Section 14.107.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 46, eff. September 1, 2019.|
TX Fin Code § 351.102 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter C. Application for and Issuance of License|Section 351.102. Bond

Sec. 351.102.  BOND.  (a)  If the commissioner requires, an applicant for a license under this chapter shall file with the application a bond that is:(1)  in an amount not to exceed the total of:(A)  $50,000 for the first license;  and(B)  $10,000 for each additional license;(2)  satisfactory to the commissioner;  and(3)  issued by a surety company qualified to do business as a surety in this state.(b)  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 license holder.(c)  The bond must be conditioned on:(1)  the license holder's faithful performance under this chapter and rules adopted under this chapter; and(2)  the payment of all amounts that become due to the state or another person under this chapter during the period for which the bond is given.(d)  The aggregate liability of a surety to all persons damaged by the license holder's violation of this chapter may not exceed the amount of the bond.(e)  A license holder engaged in the business of making, transacting, or negotiating a property tax loan for a principal dwelling must meet the surety bond or recovery fund fee requirement, as applicable, of the holder's residential mortgage loan originator under Section 180.058.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.Amended by: Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 18, eff. June 19, 2009.Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 47, eff. September 1, 2019.|
TX Fin Code § 351.103 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter C. Application for and Issuance of License|Section 351.103. Investigation of Application

Sec. 351.103.  INVESTIGATION OF APPLICATION.  On the filing of an application and, if required, a bond, and on payment of the required fees, the commissioner shall conduct an investigation to determine whether to issue the license.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.104 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter C. Application for and Issuance of License|Section 351.104. Approval or Denial of Application

Sec. 351.104.  APPROVAL OR DENIAL OF APPLICATION.  (a)  The commissioner shall approve the application and issue to the applicant a license to make property tax loans under this chapter if the commissioner finds that:(1)  the financial responsibility, experience, character, and general fitness of the applicant are sufficient to:(A)  command the confidence of the public;  and(B)  warrant the belief that the business will be operated lawfully and fairly, within the purposes of this chapter;  and(2)  the applicant has net assets of at least $25,000 available for the operation of the business.(b)  If the commissioner does not find that the eligibility requirements of Subsection (a) are met, the commissioner shall notify the applicant.(c)  If an applicant requests a hearing on the application not later than the 30th day after the date of notification under Subsection (b), the applicant is entitled to a hearing not later than the 60th day after the date of the request.(d)  The commissioner shall approve or deny the application not later than the 60th day after the date of the filing of a completed application with payment of the required fees, or if a hearing is held, after the date of the completion of the hearing on the application.  The commissioner and the applicant may agree to a later date in writing.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.105 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter C. Application for and Issuance of License|Section 351.105. Disposition of Fees on Denial of Application

Sec. 351.105.  DISPOSITION OF FEES ON DENIAL OF APPLICATION.  If the commissioner denies the application, the commissioner shall retain the investigation fee and shall return to the applicant the license fee submitted with the application.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.106 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter C. Application for and Issuance of License|Section 351.106. License Term

Sec. 351.106.  LICENSE TERM.  A license issued under this chapter is valid for the period prescribed by finance commission rule adopted under Section 14.112.|Added by Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 48, eff. September 1, 2019.|
TX Fin Code § 351.151 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.151. Name and Place on License

Sec. 351.151.  NAME AND PLACE ON LICENSE.  (a)  A license must state:(1)  the name of the license holder;  and(2)  the address of the office from which the business is to be conducted.(b)  A license holder may not conduct business under this chapter under a name or at a place of business in this state other than the name or office stated on the license.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.152 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.152. License Display

Sec. 351.152.  LICENSE DISPLAY.  A license holder shall display a license at the place of business provided on the license.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.153 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.153. Minimum Assets for License

Sec. 351.153.  MINIMUM ASSETS FOR LICENSE.  A license holder shall maintain for each office for which a license is held net assets of at least $25,000 that are used or readily available for use in conducting the business of that office.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.1535 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.1535. Grounds for Refusal to Renew

Sec. 351.1535.  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. 49, eff. September 1, 2019.|
TX Fin Code § 351.154 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.154. License Fee

Sec. 351.154.  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 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 50, eff. September 1, 2019.|
TX Fin Code § 351.155 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.155. Expiration of License on Failure to Pay Fee

Sec. 351.155.  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 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 51, eff. September 1, 2019.|
TX Fin Code § 351.156 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.156. License Suspension or Revocation

Sec. 351.156.  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 under this chapter;(2)  the license holder, knowingly or without the exercise of due care, violated this chapter or Section 32.06 or 32.065, Tax Code, or a rule adopted or an order issued under this chapter or Section 32.06 or 32.065, Tax Code;(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; or(4)  the license holder has failed to ensure that an individual acting as a residential mortgage loan originator, as defined by Section 180.002, in the making, transacting, or negotiating of a property tax loan for a principal dwelling is licensed under this chapter in accordance with Section 351.0515.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.Amended by: Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 19, eff. June 19, 2009.Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 52, eff. September 1, 2019.|
TX Fin Code § 351.157 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.157. Corporate Charter Forfeiture

Sec. 351.157.  CORPORATE CHARTER FORFEITURE.  (a)  A license holder who violates this chapter is subject to revocation of the holder's license and, if the license holder is a corporation, forfeiture of its charter.(b)  When the attorney general is notified of a violation of this chapter and revocation of a license, the attorney general shall file suit in a district court in Travis County, if the license holder is a corporation, for forfeiture of the license holder's charter.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.158 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.158. License Suspension or Revocation Filed With Public Records

Sec. 351.158.  LICENSE SUSPENSION OR REVOCATION FILED WITH PUBLIC RECORDS.  The decision of the commissioner on the suspension or revocation of a license and the evidence considered by the commissioner in making the decision shall be filed in the public records of the commissioner.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.159 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.159. Reinstatement of Suspended License; Issuance of New License After Revocation

Sec. 351.159.  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 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.160 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.160. Surrender of License

Sec. 351.160.  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 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.161 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.161. Effect of License Suspension, Revocation, or Surrender

Sec. 351.161.  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 debtor entered into before the revocation, suspension, 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 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.162 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.162. Moving an Office

Sec. 351.162.  MOVING AN OFFICE.  (a)  A license holder shall give written notice to the commissioner before the 30th day preceding the date the license holder moves an office from the location provided on the license.(b)  The commissioner shall amend a license holder's license accordingly.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.163 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.163. Transfer or Assignment of License

Sec. 351.163.  TRANSFER OR ASSIGNMENT OF LICENSE.  A license may be transferred or assigned only with the approval of the commissioner.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 351.164 (2021)
2021 Texas Statutes|Finance Code|Title 4 - Regulation of Interest, Loans, and Financed Transactions|Subtitle B - Loans and Financed Transactions|Chapter 351 - Property Tax Lenders|Subchapter D. License|Section 351.164. Reporting Requirement

Sec. 351.164.  REPORTING REQUIREMENT.  (a)  Each year, a license holder shall file with the commissioner a report that contains relevant information concerning its transactions conducted under this chapter.(b)  A report under this section must be:(1)  under oath; and(2)  in the form prescribed by the commissioner.(c)  A report under this section is confidential.(d)  Annually the commissioner shall prepare and publish a consolidated analysis and recapitulation of reports filed under this section.|Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.|
TX Fin Code § 353.002 (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 A. General Provisions|Section 353.002. Presumption Regarding Noncommercial Vehicles; Exception

Sec. 353.002.  PRESUMPTION REGARDING NONCOMMERCIAL VEHICLES; EXCEPTION.  (a)  A motor vehicle that is not described by Section 353.001(1)(A), (B), or (C) or a motor vehicle that is of a type typically used for personal, family, or household use, as determined by finance commission rule, is presumed not to be a commercial vehicle.(b)  Notwithstanding Subsection (a), if a retail buyer represents in writing that a motor vehicle is not for personal, family, or household use, or that the vehicle is for commercial use, a retail seller or holder may rely on that representation unless the retail seller or holder, as applicable, has actual knowledge that the representation is not true.|Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.003 (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 A. General Provisions|Section 353.003. Bailment or Lease as Retail Installment Transaction

Sec. 353.003.  BAILMENT OR LEASE AS RETAIL INSTALLMENT TRANSACTION.  (a)  A bailment or lease of a commercial vehicle is a retail installment transaction if the bailee or lessee:(1)  contracts to pay as compensation for use of the vehicle an amount that is substantially equal to or exceeds the value of the vehicle; and(2)  on full compliance with the bailment or lease is bound to become the owner or, for no or nominal additional consideration, has the option to become the owner of the vehicle.(b)  An agreement for the lease of a commercial vehicle does not create a retail installment transaction by merely providing that the rental price is permitted or required to be adjusted under the agreement as determined by the amount realized on the sale or other disposition of the vehicle, as provided by Section 501.112, Transportation Code.|Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.004 (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 A. General Provisions|Section 353.004. Classification as Retail Installment Transaction Unaffected

Sec. 353.004.  CLASSIFICATION AS RETAIL INSTALLMENT TRANSACTION UNAFFECTED.  A transaction is not excluded as a retail installment transaction because:(1)  the retail seller arranges to transfer the retail buyer's obligation;(2)  the amount of any charge in the transaction is determined by reference to a chart or other information furnished by a financing institution;(3)  a form for all or part of the retail installment contract is furnished by a financing institution; or(4)  the credit standing of the retail buyer is evaluated by a financing institution.|Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.005 (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 A. General Provisions|Section 353.005. Cash Price

Sec. 353.005.  CASH PRICE.  (a)  The cash price is the price at which the retail seller offers in the ordinary course of business to sell for cash the goods or services that are subject to the transaction.  An advertised price does not necessarily establish a cash price.(b)  The cash price does not include any finance charge.(c)  At the retail seller's option, the cash price may include:(1)  the price of accessories;(2)  the price of services related to the sale;(3)  the price of service contracts;(4)  taxes; and(5)  fees for license, title, and registration.|Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.|
TX Fin Code § 353.006 (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 A. General Provisions|Section 353.006. Itemized Charge

Sec. 353.006.  ITEMIZED CHARGE.  An amount in a retail installment contract is an itemized charge if the amount is not included in the cash price and is the amount of:(1)  fees for registration, certificate of title, and license and any additional registration fees charged by a deputy as authorized by rules adopted under Section 520.0071, Transportation Code;(2)  any taxes;(3)  fees or charges prescribed by law and connected with the sale or inspection of the commercial vehicle;(4)  charges authorized for insurance, service contracts, and warranties by Subchapter C; and(5)  advances or payments authorized under Section 353.402(b) or (c) made by the retail seller to or for the benefit of the retail buyer.|Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559), Sec. 17, eff. September 1, 2011.Amended by: Acts 2013, 83rd Leg., R.S., Ch. 1135 (H.B. 2741), Sec. 2, eff. September 1, 2013.Acts 2013, 83rd Leg., R.S., Ch. 1287 (H.B. 2202), Sec. 3, eff. September 1, 2013.|