Tex. Fin. Code § 278.052 · Subchapter B. CURRENCY TRANSMISSION DISCLOSURES
CANCELLATION AND REFUND OF TRANSACTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Except as provided by Subsection (c), on receiving the transaction receipt required under Section 278.051, a customer may cancel the currency transaction:
(1) before leaving the premises of the currency transmission business; and
(2) not later than 30 minutes after the time at which the currency transmission was initiated.
(b) If the customer cancels the transaction, the currency transmission business shall immediately refund to the customer the fees paid and currency to be transmitted.
(c) A customer may not cancel a transaction after the recipient of the currency transmission has received the currency or its equivalent.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1001, Sec. 7, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.278.htm
- Text hash
- sha256 53fe03950c968d155967e6536cea14107be547118cb8b13dfd908ece058fea58
- 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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