Tex. Fin. Code Section 278.052
Cancellation and Refund of Transaction


(a)

Except as provided by Subsection (c), on receiving the transaction receipt required under Section 278.051 (Disclosures with Transaction), 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.
Added by Acts 2003, 78th Leg., ch. 1001, Sec. 7, eff. Sept. 1, 2003.

Source: Section 278.052 — Cancellation and Refund of Transaction, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­278.­htm#278.­052 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 278.052’s source at texas​.gov