Sec. 303.201. LICENSE REQUIRED. A person engaged in the business of making loans for personal, family, or household use for which the rate is authorized under this chapter must obtain a license under Chapter 342 unless the person is not required to obtain a license under Section 342.051.
Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.18(a), eff. Sept. 1, 1999.
Amended by:
Acts 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 2.04, eff. September 1, 2005.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Chapter 303 - Optional Rate Ceilings
Subchapter C. Provisions Applicable to Certain Consumer Loans and Secondary Mortgage Loans
Section 303.201. License Required
Section 303.202. Applicability of Subtitle B
Section 303.203. Automobile Club Membership Offered in Connection With a Loan