Texas Finance Code

§ 348.505 — DISPOSITION OF FEES ON DENIAL OF APPLICATION

FI § 348.505Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 348. MOTOR VEHICLE INSTALLMENT SALES · Art. F. LICENSING; ADMINISTRATION OF CHAPTER

Statute text

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If the commissioner denies the application, the commissioner shall retain the investigation fee and shall return to the applicant the license fee submitted with the application.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff. Sept. 1, 2001.