14.112 – LICENSING AND REGISTRATION TERMS. (a) The
Texas Finance Code § 14.112
Summary
This law allows the finance commission to establish the duration for licenses and registrations related to finance activities, which cannot exceed two years. It ensures that all licensing terms comply with existing regulations, providing clarity for financial institutions and professionals.
Licensing period cannot exceed two years.
Finance commission sets specific licensing terms.
Compliance with Chapter 180 is required.
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In simple terms: Learn about Texas's LICENSING AND REGISTRATION TERMS. (a) The law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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