Texas Finance Code

§ 349.303 — LATE FILING FEE FOR OBTAINING OR RENEWING LICENSE

FI § 349.303Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part B. LOANS AND FINANCED TRANSACTIONS · Ch. 349. PENALTIES AND LIABILITIES · Art. D. LIMITING LIABILITY BY LATE REGISTRATION OR LICENSURE

Statute text

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(a)The late filing fee for renewing an expired license is $1,000 if the license:

(1)was in good standing when it expired; and

(2)is renewed not later than the 180th day after its expiration date.

(b)The late filing fee is $10,000 for:

(1)obtaining a license after the time it is required under this title; or

(2)renewing an expired license to which Subsection (a) does not apply.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.