Sec. 371.053. VERIFICATION OF APPLICANT'S NET ASSETS. If the commissioner cannot verify that an applicant meets the net assets requirement of Section 371.072, the commissioner may require a finding, including a current balance sheet, by an independent certified public accountant that:
(1) the accountant has reviewed the applicant's books and records; and
(2) the applicant meets the net assets requirement.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subchapter B. Pawnshop License
Section 371.051. Pawnshop License Required
Section 371.053. Verification of Applicant's Net Assets
Section 371.054. License Application
Section 371.055. Fees; Proof of Insurance
Section 371.057. Investigation; Notice of Application
Section 371.058. Public Hearing
Section 371.059. Approval; Issuance of License
Section 371.060. Notice of Denial; Hearing
Section 371.061. Period for Final Decision to Approve or Deny
Section 371.062. Disposition of Fees on Denial of Application
Section 371.0625. License Term
Section 371.063. License Issued Before October 1, 1981
Section 371.064. License Fee; Expiration
Section 371.0645. Grounds for Refusal to Renew
Section 371.066. Temporary License
Section 371.067. Contents and Display of License
Section 371.068. Multiple Places of Business
Section 371.069. Change of Ownership
Section 371.070. Transfer or Assignment of License
Section 371.071. Application for Relocation
Section 371.072. Net Assets Requirement
Section 371.073. Appointment of Agent
Section 371.074. Pawnbroker Responsible for Employees and Agents