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Tex. Finance Code § 371.007

STAGGERED RENEWAL OF LICENSES

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 371.007, STAGGERED RENEWAL OF LICENSES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647844
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(a) The Finance Commission of Texas by rule may adopt a system under which licenses issued under this chapter expire on various dates during the year. (b) For a year in which an expiration date is changed, a license fee payable on the date of issuance shall be prorated according to the number of months during which the license is valid. (c) On renewal of a license on the new expiration date, the total license fee is payable.