Tex. Fin. Code Section 14.112
Licensing and Registration Terms

(a)

The finance commission by rule shall prescribe the licensing or registration period for licenses and registrations issued under Chapters 342 (Consumer Loans), 345 (Retail Installment Sales), 347 (Manufactured Home Credit Transactions), 348 (Motor Vehicle Installment Sales), 351 (Property Tax Lenders), 352 (Tax Refund Anticipation Loans), 353 (Commercial Motor Vehicle Installment Sales), 371 (Pawnshops), 393 (Credit Services Organizations), and 394 (Debtor Assistance) of this code and Chapter 1956 (Metal Recycling Entities), Occupations Code, not to exceed two years.

(b)

In adopting rules under Subsection (a), the finance commission shall set terms for licenses that comply with Chapter 180 (Residential Mortgage Loan Originators) and the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Pub. L. No. 110-289).

(c)

If the finance commission prescribes the term of a license or registration under Subsection (a) for a period other than one year, the commissioner shall prorate the applicable fee required under a chapter specified in Subsection (a) as necessary to reflect the term of the license or registration.
Added by Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 6, eff. September 1, 2019.

Source: Section 14.112 — Licensing and Registration Terms, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­14.­htm#14.­112 (accessed Apr. 13, 2024).

14.001
Definitions 14.051
Consumer Credit Commissioner 14.052
Division of Consumer Protection 14.054
Oath of Office 14.055
Liability 14.056
Conflict of Interest 14.057
Performance Evaluations 14.058
Equal Employment Opportunity 14.059
Intra-agency Career Ladder 14.061
Cost of Audit 14.062
Consumer Information and Complaints 14.063
Application of Open Meetings Law 14.064
Consumer Information 14.065
Office Employees 14.066
Sunset Provision 14.101
General Duties of Commissioner 14.102
Educational and Debt Counseling Programs 14.103
Consumer Protection Programs 14.104
Lender Contracts 14.105
Gifts and Grants 14.106
Information Regarding Employment Requirements 14.107
Fees 14.108
Interpretations of Law 14.109
Use of the Nationwide Mortgage Licensing System and Registry 14.110
Alternative Rulemaking and Dispute Resolution 14.111
Advisory Committees 14.112
Licensing and Registration Terms 14.113
Texas Financial Education Endowment 14.151
Obtaining Information 14.152
Fingerprint Requirement 14.153
Action by Law Enforcement Agencies 14.154
Confidentiality 14.155
Disclosure 14.156
Recovery of Costs 14.157
Rules 14.201
Investigation and Enforcement Authority 14.202
Request for Information 14.203
Issuance of Subpoena or Summons 14.204
Enforcement of Subpoena 14.205
Investigation by Hearing Officer 14.206
Fees and Expenses 14.207
Imposition of Costs on Parties 14.208
Injunction 14.209
Appointment of Receiver 14.251
Assessment of Penalty 14.252
Amount of Penalty 14.253
Report on Violation 14.254
Notice of Report on Violation and Penalty Recommendation 14.255
Response of Person Receiving Notice 14.256
Acceptance of Penalty 14.257
Hearing on Penalty 14.258
Stay of Penalty 14.259
Recovery of Costs 14.260
Administrative Procedure Act 14.261
Acceptance of Assurance 14.262
Effect of Assurance 14.263
Reopening 14.264
Right to Bring Action Not Affected 14.301
Appeal of Final Decision of Commissioner 14.302
Appeal of License Withholding or Revocation 14.303
Stay of Order Pending Appeal 14.1025
Financial Literacy Program Information 14.2015
Confidentiality of Certain Information 14.2016
Information Sharing with Departments and Agencies
Green check means up to date. Up to date

Accessed:
Apr. 13, 2024

§ 14.112’s source at texas​.gov