Tex. Fin. Code Section 349.304
Effect of Compliance with Subchapter for Registrant or License Holder

(a)

A person who pays the applicable registration fees and late filing fee as provided by Section 349.301 (Payment of Fees) is considered for all purposes to have had the required registration for the periods for which the registration fees have been paid.

(b)

A person who renews an expired license and pays the applicable license fees and, if required, a late filing fee as provided by Section 349.301 (Payment of Fees) is considered for all purposes to have held the required license as if it had not expired.

(c)

A person who obtains a license and pays the applicable license fees and the late filing fee under Section 349.301 (Payment of Fees) is considered for all purposes to have held the license for the period during which it was required but only as to a loan on which the person has contracted for, charged, or received interest that does not exceed the amount that would have been allowed for the loan under Chapter 303 (Optional Rate Ceilings).

(d)

A person who under this section is considered to have been registered or to have held a license is not subject to any liability, forfeiture, or penalty, other than as provided by this subchapter, relating to the person’s not having been registered or not holding a license during the period for which the registration or license fees and late filing fee are paid under Section 349.301 (Payment of Fees).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 349.304 — Effect of Compliance with Subchapter for Registrant or License Holder, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­349.­htm#349.­304 (accessed May 26, 2025).

349.001
Liability for Contracting For, Charging, or Receiving Excessive Amount 349.002
Liability for Charges Exceeding Twice Amount Authorized 349.003
Liability for Failure to Perform or for Performance of Prohibited Act 349.004
Liability Related to Criminal Offense 349.005
Liability for Violating Injunction 349.101
No Liability if Violation Unintentional and from Bona Fide Error or if in Conformity with Other Law 349.102
Liability for Multiple Violations in One Transaction 349.103
Limitation on Multiple Recovery of Penalties 349.201
Correction Resulting in No Liability 349.202
Correction of Violation of Failure to Act or Performing Prohibited Act Resulting in Limited Liability 349.203
Correction of Violation of Charging Excessive Amounts Resulting in Limited Liability 349.204
Giving Written Notice 349.205
Correction Exception Available to All Similarly Situated 349.301
Payment of Fees 349.302
Late Filing Fee for Registering or Renewal of Registration 349.303
Late Filing Fee for Obtaining or Renewing License 349.304
Effect of Compliance with Subchapter for Registrant or License Holder 349.305
Effect of Compliance with Subchapter on Person Other than Registrant or License Holder 349.401
Venue 349.402
Limitation Period 349.403
Class Action 349.404
Liability Under Subchapter in Lieu of Liability Under Consumer Credit Protection Act 349.501
Offense of Charges Exceeding Twice Amount Authorized 349.502
Offense of Engaging in Lending Business Without Proper Authority 349.503
Certain Proceedings in Connection with Sale-leaseback Transaction
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Verified:
May 26, 2025

§ 349.304. Effect of Compliance with Subchapter for Registrant or License Holder's source at texas​.gov