Finance Code › Title 3 › Chapter 152 › Subchapter A

Texas Finance Code § 152.002

Purpose; Construction of Chapter

Regulation of Money Services Businesses · General Provisions

(a) The purposes of this chapter are to:

(1) protect the interests of purchasers of money services and the public;

(2) preserve and protect the safety and soundness of money services businesses; and

(3) protect against drug trafficking, terrorist funding, money laundering, structuring, or related financial crimes.

(b) In applying and construing this chapter, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact laws substantially similar to this chapter.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.