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TITLE 7 - BANKING AND SECURITIES
PART 5 - OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 87 - TAX REFUND ANTICIPATION LOANS
SUBCHAPTER B - DISCLOSURES
SECTION/RULE §87.201 - OCCC Notice
Chapter Review Date 06/21/2024

(a) Required notice. A refund anticipation loan facilitator must provide the following notice to each consumer: "For questions or complaints about this transaction, contact the loan facilitator, (insert name of facilitator), at (insert facilitator's phone number and, at facilitator's option, one or more of the following: mailing address, fax number, website, e-mail address). The Office of Consumer Credit Commissioner (OCCC) is a state agency, and it enforces certain laws that apply to the facilitator. If a complaint or question cannot be resolved by contacting the facilitator, consumers can contact the OCCC to file a complaint or ask a general credit-related question. OCCC address: 2601 N. Lamar Blvd., Austin, Texas 78705. Phone: (800) 538-1579. Fax: (512) 936-7610. Website: occc.texas.gov. E-mail: consumer.complaints@occc.texas.gov."(b) Location of notice. A facilitator must provide the notice described by subsection (a) by one or both of the following methods:(1) including the notice on each privacy notice that the facilitator is required to provide to a consumer under state or federal law; or(2) including the notice on each written disclosure that the facilitator is required to provide to a borrower under Texas Finance Code, §352.004.

Source Note: The provisions of this §87.201 adopted to be effective September 8, 2016, 41 TexReg 6683.

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