Tex. Finance Code § 371.052
This is the official text of Tex. Finance Code § 371.052, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 371.052. ELIGIBILITY.
Official statutory text
(a) To be eligible for a pawnshop license, an applicant must:
(1) meet the net assets requirement of Section 371.072; and
(2) show that:
(A) the pawnshop will be operated lawfully and fairly under this chapter; and
(B) the applicant or the applicant's owners and managers have the financial responsibility, experience, character, and general fitness to command the confidence of the public in the pawnshop's operations.
(b) Repealed by Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 95(2), eff. September 1, 2019.
(c) For purposes of a disqualification under Chapter 53, Occupations Code, the commissioner is a licensing authority.
(1) meet the net assets requirement of Section 371.072; and
(2) show that:
(A) the pawnshop will be operated lawfully and fairly under this chapter; and
(B) the applicant or the applicant's owners and managers have the financial responsibility, experience, character, and general fitness to command the confidence of the public in the pawnshop's operations.
(b) Repealed by Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 95(2), eff. September 1, 2019.
(c) For purposes of a disqualification under Chapter 53, Occupations Code, the commissioner is a licensing authority.
Status: repealed · Read it on the official government site
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