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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 371.255: REVOCATION OR SUSPENSION OF PAWNSHOP EMPLOYEE LICENSE.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
  3. SUBTITLE C. PAWNSHOPS
  4. CHAPTER 371. PAWNSHOPS
  5. SUBCHAPTER F. LICENSE REVOCATION, SUSPENSION, AND SURRENDER

After notice and opportunity for a hearing, the commissioner may revoke or suspend a pawnshop employee license if the commissioner finds that:

(1) the license holder knowingly or recklessly violated this chapter or a rule adopted or order issued under this chapter;

(2) a fact or condition exists that, if it had existed or had been known to exist at the time of the original license application, clearly would have justified refusal to issue the license; or

(3) the business repute and general fitness of the license holder do not warrant belief that the license holder will operate the business lawfully and fairly within the provisions of this chapter.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Amended by:

Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442), Sec. 80, eff. September 1, 2019.

Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371), Sec. 28, eff. September 1, 2023.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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