Texas Finance Code

§ 371.057 — INVESTIGATION; NOTICE OF APPLICATION

FI § 371.057Title 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS · Part C. PAWNSHOPS · Ch. 371. PAWNSHOPS · Art. B. PAWNSHOP LICENSE

(a)On receipt of an application and the required fees, the commissioner shall:

(1)conduct an investigation to determine whether to issue the license; and

(2)give notice of the application to:

(A)the Department of Public Safety of the State of Texas;

(B)each local law enforcement agency in the county in which the business is to be conducted; and

(C)each pawnbroker in the county in which the applicant pawnshop is to be located.

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Legislative history

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