Texas Finance Code
§ 152.002 — PURPOSE; CONSTRUCTION OF CHAPTER
FI § 152.002Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 152. REGULATION OF MONEY SERVICES BUSINESSES · Art. A. GENERAL PROVISIONS
Statute text
View on source(a)The purposes of this chapter are to:
(1)protect the interests of purchasers of money services and the public;
(2)preserve and protect the safety and soundness of money services businesses; and
(3)protect against drug trafficking, terrorist funding, money laundering, structuring, or related financial crimes.
(b)In applying and construing this chapter, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact laws substantially similar to this chapter.
Legislative history
Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.