(a) A lender is not limited to making loans to residents of the community in which the office for which the license or other authority is granted.
(b) A lender may make, negotiate, arrange, and collect loans by mail or online from a licensed office.
Tex. Fin. Code § 342.053
AREA OF BUSINESS; LOANS BY MAIL OR ONLINE
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.