Texas Finance Code

§ 398.005 — ADMINISTRATION OF CHAPTER; RULEMAKING

FI § 398.005Title 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES · Ch. 398. COMMERCIAL SALES-BASED FINANCING · Art. A. GENERAL PROVISIONS

(a)The Office of Consumer Credit Commissioner shall administer, implement, and enforce this chapter.

(b)Except as provided by Subsection (d), the Office of Consumer Credit Commissioner may:

(1)bring enforcement actions for:

(A)violations of rules adopted under Subsection (c);

(B)failures to make disclosures required by Section 398.051; or

(C)failures to register as required by Section 398.053;

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Legislative history

Added by Acts 2025, 89th Leg., R.S., Ch. 723 (H.B. 700), Sec. 1, eff. September 1, 2025.