Tex. Finance Code § 371.052
ELIGIBILITY
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 371.052, ELIGIBILITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647847
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Full text
(a) To be eligible for a pawnshop license, an applicant must:
(1) meet the net assets requirement of Section 371.072; and
(2) show that:
(A) the pawnshop will be operated lawfully and fairly under this chapter; and
(B) the applicant or the applicant's owners and managers have the financial responsibility, experience, character, and general fitness to command the confidence of the public in the pawnshop's operations.
(b) Repealed by Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 95(2), eff. September 1, 2019.
(c) For purposes of a disqualification under Chapter 53, Occupations Code, the commissioner is a licensing authority.