Texas Finance Code
§ 11.305 — RESEARCH
FI § 11.305Title 2. FINANCIAL REGULATORY AGENCIES · Ch. 11. FINANCE COMMISSION OF TEXAS · Art. D. POWERS AND DUTIES
Statute text
View on source(a)The consumer credit commissioner shall establish a program to address alternatives to high-cost lending in this state. The program shall:
(1)study and report on high-cost lending, including the availability, quality, and prices of financial services offered in this state to individual consumers in this state; and
(2)evaluate alternatives to high-cost lending and the practices of business entities in this state that provide financial services to individual consumers in this state.
(b)The program may:
(1)apply for and receive public and private grants and gifts to conduct the research authorized by this section;
(2)contract with public and private entities to carry out studies and analyses under this section;
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Legislative history
Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 6.009, eff. September 1, 2007. Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 1, eff. September 1, 2019.