Public-domain · open source
OpenJurist

Tex. Fin. Code § 371.055

FEES; PROOF OF INSURANCE

Known as the Texas Pawnshop Act

The act spans §§ 371–371 (95 sections).

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

An applicant must submit with the application:

(1) an investigation fee of:

(A) $500 if the applicant does not hold a license; or

(B) $250 if the application:

(i) is for an additional license for a separate location; or

(ii) involves substantially identical principals and owners of a licensed pawnshop at a separate location;

(2) a fee in an amount determined as provided by Section 14.107; and

(3) proof of general liability and fire insurance in a reasonable amount and form required by the commissioner.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.