Sec. 371.153. NOTICE OF OPERATION OF OTHER BUSINESS. (a) A pawnbroker shall notify the commissioner before the pawnbroker allows another person to conduct at the pawnshop a business other than the business of a pawnbroker or the business of buying and selling goods.
(b) The commissioner may refuse to permit a person other than the pawnbroker to operate the other business on the pawnshop premises if the commissioner finds that the operation is inconsistent with this chapter.
(c) A pawnbroker shall notify the commissioner of any location at which the pawnbroker or an applicant for a pawnshop license operates a buy shop, secondhand merchandise store, retail outlet, or similar business or any business to which the pawnbroker regularly transfers goods from the pawnshop.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 801, Sec. 5, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subchapter D. Operation of Pawnshops
Section 371.151. Hours of Operation
Section 371.152. Recordkeeping
Section 371.153. Notice of Operation of Other Business
Section 371.154. Insurance and Bond
Section 371.155. Pawnshop Security
Section 371.156. Pawn Transaction
Section 371.158. Amount Financed
Section 371.159. Pawn Service Charge
Section 371.160. Maturity Date; Memorandum of Extension
Section 371.161. Early Redemption: Reduction of Pawn Service Charge
Section 371.162. Presentation of Ticket; Presumption
Section 371.163. Lost or Destroyed Ticket
Section 371.164. Duty of Reasonable Care
Section 371.165. Return of Pledged Goods
Section 371.166. Redemption by Mail
Section 371.167. Lost or Damaged Goods
Section 371.168. Exemption From Criminal Liability
Section 371.169. Unredeemed Pledged Goods; Forfeiture
Section 371.170. Redemption or Payment by Pledgor Not Required
Section 371.171. Agreement Requiring Pledgor's Personal Liability Prohibited
Section 371.172. Waiver of Pledgor's Rights Prohibited
Section 371.173. Insurance Charge Limited
Section 371.174. Identification of Pledgor or Seller Required
Section 371.175. Property Identification Tags Required
Section 371.177. Purchase of Used Personal Property
Section 371.178. Acceptance of Building Construction Materials
Section 371.179. Displays of Certain Weapons Prohibited