Tex. Finance Code § 180.061
This is the official text of Tex. Finance Code § 180.061, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 180.061. RULEMAKING AUTHORITY.
Official statutory text
A rulemaking authority may adopt rules establishing requirements as necessary for:
(1) conducting background checks by obtaining:
(A) criminal history information through fingerprint or other databases;
(B) civil administrative records;
(C) credit history information; or
(D) any other information considered necessary by the Nationwide Mortgage Licensing System and Registry;
(2) payment of fees to apply for or renew licenses through the Nationwide Mortgage Licensing System and Registry;
(3) setting or resetting, as necessary, license renewal dates or reporting periods;
(4) amending or surrendering a license or any other activity a regulatory official considers necessary for participation in the Nationwide Mortgage Licensing System and Registry; and
(5) investigation and examination authority for purposes of investigating a violation or complaint arising under this chapter or for purposes of examining, reviewing, or investigating any license holder or individual subject to this chapter.
(1) conducting background checks by obtaining:
(A) criminal history information through fingerprint or other databases;
(B) civil administrative records;
(C) credit history information; or
(D) any other information considered necessary by the Nationwide Mortgage Licensing System and Registry;
(2) payment of fees to apply for or renew licenses through the Nationwide Mortgage Licensing System and Registry;
(3) setting or resetting, as necessary, license renewal dates or reporting periods;
(4) amending or surrendering a license or any other activity a regulatory official considers necessary for participation in the Nationwide Mortgage Licensing System and Registry; and
(5) investigation and examination authority for purposes of investigating a violation or complaint arising under this chapter or for purposes of examining, reviewing, or investigating any license holder or individual subject to this chapter.
Status: in_force · Read it on the official government site
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