Sec. 342.560. CONDUCTING ASSOCIATED BUSINESS. An authorized lender may conduct business under this chapter in an office, office suite, room, or place of business in which any other business is conducted or in combination with any other business unless the commissioner:
(1) finds after a hearing that the lender's conducting of the other business in that office, office suite, room, or place of business has concealed an evasion of this chapter; and
(2) orders the lender in writing to desist from that conduct in that office, office suite, room, or place of business.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Subchapter L. Administration of Chapter
Section 342.551. Adoption of Rules
Section 342.552. Examination of Lenders; Access to Records
Section 342.553. General Investigation
Section 342.554. Certificate; Certified Document
Section 342.555. Transcript of Hearing: Public
Section 342.556. Appointment of Agent
Section 342.557. Payment of Examination Costs and Administration Expenses
Section 342.558. Authorized Lender's Records