Sec. 341.404. PROHIBITED ACTS RELATING TO A LOAN. A person may not perform an act, including advertising, or offer a service that would cause another to believe that the person is offering to make, arrange, or negotiate a loan that is subject to this subtitle, Subtitle C, or Chapter 394 unless the person is authorized to perform the act or offer the service as:
(1) a credit service organization under Chapter 393;
(2) a pawnbroker under Chapter 371; or
(3) an authorized lender.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 341 - General Provisions
Subchapter E. Prohibitions and Violations
Section 341.401. Discrimination Prohibited
Section 341.402. Penalties for Prohibited Discrimination
Section 341.403. False, Misleading, or Deceptive Advertising
Section 341.404. Prohibited Acts Relating to a Loan