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

Tex. Occupations Code § 2153.203: RECORD OF CREDIT TRANSACTION.

Where this section sits in the code

OCCUPATIONS CODE
TITLE 13. SPORTS, AMUSEMENTS, AND ENTERTAINMENT
SUBTITLE D. OTHER AMUSEMENTS AND ENTERTAINMENT
CHAPTER 2153. COIN-OPERATED MACHINES
SUBCHAPTER E. PROVISIONS RELATING TO TRANSACTION OF BUSINESS

(a) A license holder who extends or lends credit shall maintain in this state a record of the credit transaction in accordance with accepted accounting and auditing practices. The record must be sufficient to enable any competent person to determine if the license holder is in compliance with the requirements of this subchapter.

(b) The record must be preserved until the later of the fourth anniversary of the date the credit transaction occurred or the second anniversary of the date the final entry relating to the transaction is made.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.

Collected 2026-08-27T01:47:31Z. Source file · JSON

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