Tex. Fin. Code § 158.058 · Subchapter B. REGISTRATION OF RESIDENTIAL MORTGAGE LOAN SERVICERS
RENEWAL OF REGISTRATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On or before December 31 of each year, a registrant shall renew its registration for the next calendar year and shall pay to the commissioner a renewal fee in an amount not to exceed $500 as determined by the finance commission. To renew a registration, a registrant must continue to meet all standards for registration provided by this chapter.
(b) If a registrant fails to file a renewal and pay the renewal fee on or before December 31 of a calendar year, the registrant's registration is considered expired at that time and the registrant:
(1) must reapply for registration as provided by Section 158.053; and
(2) may not conduct business as a residential mortgage loan servicer until the registration is approved.
(c) The commissioner may refuse to renew a registration if the registrant:
(1) has failed to pay any fees or penalties imposed under this chapter;
(2) has failed to provide the surety bond required under this chapter; or
(3) is not in compliance with any final order of the commissioner.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 588 (S.B. 17), Sec. 1, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.158.htm
- Text hash
- sha256 f78b54b4b3ed1e3a0f8727a25173f73e19fd9c520a57192500d39a5f8dc51bea
- 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
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