Tex. Fin. Code § 342.053 · Subchapter B. AUTHORIZED ACTIVITIES; LICENSE
AREA OF BUSINESS; LOANS BY MAIL OR ONLINE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A lender is not limited to making loans to residents of the community in which the office for which the license or other authority is granted.
(b) A lender may make, negotiate, arrange, and collect loans by mail or online from a licensed office.
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 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 16, eff. September 1, 2019.
Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 17, eff. September 1, 2019.
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 237853a4cd2f8cffdde090a29c15d73676ae57e2f52d8ae9c515b8d3470c8b9f
- 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.