(a) The commissioner may issue a temporary pawnshop license on receipt of an application:
(1) to transfer a license from one person to another; or
(2) for a license involving principals and owners that are substantially identical to those of a pawnshop in operation at the time of receipt of the application.
(b) A temporary license is effective until a permanent license is issued or denied.
Official text of the Texas Finance Code as published by the Texas Legislative Council.