Tex. Finance Code § 371.153

This is the official text of Tex. Finance Code § 371.153, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 371.153. NOTICE OF OPERATION OF OTHER BUSINESS.

Official statutory text

(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.

Status: in_force · Read it on the official government site

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