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Current as of January 01, 2024 | Updated by Findlaw Staff
(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(b) Repealed by Acts 2019, 86th Leg., ch. 767 (H.B. 1442), § 95(2).
(c) For purposes of a disqualification under Chapter 53, Occupations Code, the commissioner is a licensing authority.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 371.052. Eligibility - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-371-052/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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