If the fee for a license is not paid before the 16th day after the date on which the written notice of delinquency of payment has been given to the license holder, the license expires on that day.
Tex. Fin. Code § 351.155
EXPIRATION OF LICENSE ON FAILURE TO PAY FEE
Known as the Property Tax Lender License Act
The act spans §§ 351–351 (41 sections).
Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, 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.