{"data":{"id":"us-tx/tex.-finance-code-349.502","jurisdiction":"us-tx","citation":"Tex. Finance Code § 349.502","heading":"OFFENSE OF ENGAGING IN LENDING BUSINESS WITHOUT PROPER AUTHORITY.","body":"(a) A person commits an offense if the person engages in a business that is subject to Chapter 342, 346, or 351 without holding the license or other authorization required under that chapter.\n(b) An offense under this section is a misdemeanor punishable by a fine of not more than $1,000.\n(c) Each loan made without the authority required by Chapter 342, 346, or 351 is a separate offense.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.57, eff. Sept. 1, 1999.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 2, eff. September 1, 2007.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 349. PENALTIES AND LIABILITIES","SUBCHAPTER F. CRIMINAL OFFENSES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.349.htm#349.502","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"cf421c6aa3ec9ab73379d80a63be3f81727525a8fad66292fdf03ffb5a136b70","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-349.501","next":"us-tx/tex.-finance-code-349.503"},"notice":"GroundRules: Original legal text. Not legal advice."}