Tex. Finance Code § 341.501
STAGGERED RENEWAL
Texas · Texas Finance Code · Status: effective
Cite this
- Citation
- Tex. Finance Code § 341.501, STAGGERED RENEWAL, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647187
- Permanent ID
ys:prov:647187@1- SHA-256
5c05ffba0a50bdb80bf72e89f31f888fa9dc900d501827dfce3b8ed7e4c429bd
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The finance commission by rule may adopt a system under which licenses under this subtitle expire on various dates during the year. For the year in which the license expiration date is changed, the Office of Consumer Credit Commissioner shall prorate license fees on a monthly basis so that each license holder pays only that portion of the license fee that is allocable to the number of months during which the license is valid. On renewal of the license on the new expiration date, the total license renewal fee is payable.