Revocation, suspension, or surrender of a pawnshop license does not affect a preexisting contract between the pawnbroker and a pledgor.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Finance Code › Title 4 › Chapter 371 › Subchapter F
Texas Finance Code § 371.252
Effect of Revocation, Suspension, or Surrender of Pawnshop License
Pawnshops · License Revocation, Suspension, and Surrender
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.