Tex. Fin. Code § 342.052 · Subchapter B. AUTHORIZED ACTIVITIES; LICENSE
ISSUANCE OF MORE THAN ONE LICENSE FOR A PERSON.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The commissioner may issue more than one license to a person on compliance with this chapter for each license.
(b) A person who is required to hold a license under this chapter must hold a separate license for each office at which loans are made, negotiated, serviced, held, or collected under this chapter.
(c) A license is not required under this chapter for a place of business:
(1) devoted to accounting or other recordkeeping; and
(2) at which loans are not made, negotiated, serviced, held, or collected under this chapter or Chapter 346.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999. Amended by Acts 1999, 76th Leg., ch. 909, Sec. 2.07, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.342.htm
- Text hash
- sha256 108aa65e19e9a418a95cdcbb30f9e8ffee6d2331279785194020878d8a03aea8
- 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.