Tex. Finance Code § 371.057
This is the official text of Tex. Finance Code § 371.057, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 371.057. INVESTIGATION; NOTICE OF APPLICATION.
Official statutory text
(a) On receipt of an application and the required fees, the commissioner shall:
(1) conduct an investigation to determine whether to issue the license; and
(2) give notice of the application to:
(A) the Department of Public Safety of the State of Texas;
(B) each local law enforcement agency in the county in which the business is to be conducted; and
(C) each pawnbroker in the county in which the applicant pawnshop is to be located.
(b) The notice to the department of public safety and local law enforcement agencies must state the name and address of each person required by Section 371.054 to be listed on the license application.
(c) The commissioner shall give the department and local law enforcement agencies a reasonable time to respond with information concerning the listed persons or with any other relevant information.
(1) conduct an investigation to determine whether to issue the license; and
(2) give notice of the application to:
(A) the Department of Public Safety of the State of Texas;
(B) each local law enforcement agency in the county in which the business is to be conducted; and
(C) each pawnbroker in the county in which the applicant pawnshop is to be located.
(b) The notice to the department of public safety and local law enforcement agencies must state the name and address of each person required by Section 371.054 to be listed on the license application.
(c) The commissioner shall give the department and local law enforcement agencies a reasonable time to respond with information concerning the listed persons or with any other relevant information.
Status: in_force · Read it on the official government site
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