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

Tex. Finance Code § 393.611: MINIMUM ASSETS FOR LICENSE.

Where this section sits in the code

FINANCE CODE
TITLE 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES
CHAPTER 393. CREDIT SERVICES ORGANIZATIONS
SUBCHAPTER G. LICENSING AND REGULATION OF CERTAIN CREDIT SERVICES ORGANIZATIONS

A license holder shall maintain net assets used or readily available for use in conducting the business of each of the offices for which a license is held under this subchapter, in an amount that is not less than the lesser of:

(1) $25,000 for each office; or

(2) $2,500,000 in the aggregate.

Added by Acts 2011, 82nd Leg., R.S., Ch. 1302 (H.B. 2594), Sec. 2, eff. January 1, 2012.

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

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