The commissioner may issue a conditional license. The finance commission by rule shall adopt reasonable terms and conditions for a conditional license.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 3 › Chapter 156 › Subchapter C
Texas Finance Code § 156.210
Conditional License
Residential Mortgage Loan Companies · Residential Mortgage Loan Company Licenses and Registration
Legislative history
Added by Acts 1999, 76th Leg., ch. 1254, Sec. 2, eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 91, eff. Sept. 1, 2001.
Acts 2011, 82nd Leg., R.S., Ch. 655 (S.B. 1124), Sec. 25, eff. September 1, 2011.