Tex. Fin. Code § 152.002 · Subchapter A. GENERAL PROVISIONS
PURPOSE; CONSTRUCTION OF CHAPTER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The purposes of this chapter are to:
(1) protect the interests of purchasers of money services and the public;
(2) preserve and protect the safety and soundness of money services businesses; and
(3) protect against drug trafficking, terrorist funding, money laundering, structuring, or related financial crimes.
(b) In applying and construing this chapter, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact laws substantially similar to this chapter.
Notes and commentary — not statutory text
History
Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.152.htm
- Text hash
- sha256 ca3df0d590cc5f0ec9a7c7dd0d6f67e6a7f2f5bd030084e4c88e3b8b8c852c85
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.