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TITLE 7 - BANKING AND SECURITIES
PART 5 - OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 89 - PROPERTY TAX LENDERS
SUBCHAPTER D - LICENSE
SECTION/RULE §89.401 - Branch Networks
Chapter Review Date 08/20/2021

For purposes of Texas Finance Code, §351.151(b), an authorized licensee with multiple licensed offices is authorized to transact, make, negotiate, arrange, service, hold, and collect loans from any of its licensed locations. Any action relating to a single account may occur at different licensed locations as long as every action is made by a licensed branch operated by the same licensee.

Source Note: The provisions of this §89.401 adopted to be effective November 8, 2007, 32 TexReg 7920; amended to be effective May 9, 2013, 38 TexReg 2758.

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