Tex.
Occ. Code Section 2153.153
License Application Requirements
(a)
A license applicant must file with the comptroller a license application that:(1)
contains a complete statement about the ownership of the business that is the subject of the application, including:(A)
the nature of the business entity; and(B)
except as provided by Subsection (b), the name and residence address of each person who has a financial interest in the business, including the nature, type, and extent of the interest;(2)
designates:(A)
an individual, as described by Subsection (c), responsible for maintaining a record of and reporting to the comptroller information as required by Section 2153.202 (Required License Holder Records and Reporting); and(B)
an office located in this state where the applicant proposes to maintain the records required by this chapter, a rule adopted under this chapter, or other law;(3)
is accompanied by:(A)
a written statement executed by the individual designated under Subdivision (2) that the individual accepts the responsibility described by that subdivision; and(B)
a cashier’s check, money order, personal check, or other method of payment authorized by the comptroller, in an amount equal to the annual license fee under Section 2153.154 (License Fee);(4)
includes any other relevant information required by the comptroller; and(5)
states that the information contained in the application is true and correct.(b)
A corporate applicant is not required to include in the ownership statement under Subsection (a)(1) the name and residence address of a shareholder who holds less than 10 percent of the shares in the applicant’s corporation.(c)
The individual designated under Subsection (a)(2) must be:(1)
the owner of the business;(2)
a partner of the business;(3)
an officer of the business;(4)
a trustee of the business;(5)
a receiver of the business; or(6)
an officer or principal member of the business.
Source:
Section 2153.153 — License Application Requirements, https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2153.htm#2153.153 (accessed Apr. 29, 2024).
