Tex. Fin. Code Section 180.004
Administrative Authority; Rulemaking

(a)

A regulatory official has broad authority to administer, interpret, and enforce this chapter.

(b)

The finance commission may implement rules necessary to comply with this chapter and as required to carry out the intentions of the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (Pub. L. No. 110-289).

(c)

This chapter does not limit the authority of a regulatory official to take disciplinary action against a license holder for a violation of this chapter or the rules adopted by the regulatory official under this chapter. A regulatory official has broad authority to investigate, revoke a license, and inform the proper authority when fraudulent conduct or a violation of this chapter occurs.

Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.

Source: Section 180.004 — Administrative Authority; Rulemaking, https://statutes.capitol.texas.gov/Docs/FI/htm/FI.180.htm#180.004 (accessed May 4, 2024).

180.001
Short Title 180.002
Definitions 180.003
Exemption 180.004
Administrative Authority 180.005
Severability 180.051
State License Required 180.052
Enrollment or Registration with Nationwide Mortgage Licensing System and Registry 180.053
Application Form 180.054
Criminal and Other Background Checks 180.055
Issuance of License 180.056
Prelicensing Educational Courses 180.057
Testing Requirements 180.058
Recovery Fund Fee or Surety Bond Requirement 180.059
Standards for License Renewal 180.060
Continuing Education Courses 180.061
Rulemaking Authority 180.062
Confidentiality of Information 180.101
Mortgage Call Reports 180.102
Report of Violations and Enforcement Actions 180.103
Information Challenge Process 180.151
Display of Unique Identifier 180.152
Representations 180.153
Prohibited Acts and Practices 180.171
Enrollment with Department of Savings and Mortgage Lending 180.201
Enforcement Authority 180.202
Administrative Penalty 180.203
Cease and Desist Orders 180.251
General Duties of Regulatory Officials 180.252
Authority of Regulatory Officials to Establish Relationship with Nationwide Mortgage Licensing System and Registry 180.0511
Temporary Authority to Originate Loans

Accessed:
May 4, 2024

§ 180.004’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._fin._code_section_180.004

Original Source: Section 180.004 — Administrative Authority; Rulemaking, https://statutes.capitol.texas.gov/Docs/FI/htm/FI.180.htm#180.004 (last accessed May 4, 2024).