Tex. Finance Code § 278.052
This is the official text of Tex. Finance Code § 278.052, part of Texas’s Finance Code — regulates banks and other financial institutions.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 278.052. CANCELLATION AND REFUND OF TRANSACTION.
Official statutory text
(a) Except as provided by Subsection (c), on receiving the transaction receipt required under Section 278.051, a customer may cancel the currency transaction:
(1) before leaving the premises of the currency transmission business; and
(2) not later than 30 minutes after the time at which the currency transmission was initiated.
(b) If the customer cancels the transaction, the currency transmission business shall immediately refund to the customer the fees paid and currency to be transmitted.
(c) A customer may not cancel a transaction after the recipient of the currency transmission has received the currency or its equivalent.
(1) before leaving the premises of the currency transmission business; and
(2) not later than 30 minutes after the time at which the currency transmission was initiated.
(b) If the customer cancels the transaction, the currency transmission business shall immediately refund to the customer the fees paid and currency to be transmitted.
(c) A customer may not cancel a transaction after the recipient of the currency transmission has received the currency or its equivalent.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.