{"data":{"id":"us-tx/tex.-occupations-code-1201.111","jurisdiction":"us-tx","citation":"Tex. Occupations Code § 1201.111","heading":"EXCEPTIONS TO SECURITY AND INSTRUCTION REQUIREMENTS.","body":"(a) Notwithstanding any other provision of this chapter, a state or national bank, state or federal savings and loan association, federal savings bank, or state or federal credit union engaged in the business of selling or exchanging, or offering for sale or exchange, manufactured homes that the institution has acquired through repossession of collateral is not required to attend a course of instruction or file a bond or other security to be licensed as a retailer.\n(b) A licensed retailer is not required to file a bond or other security to be licensed as a broker or installer.\nAdded by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003.\nAmended by:\nActs 2017, 85th Leg., R.S., Ch. 408 (H.B. 2019), Sec. 11, eff. September 1, 2017.","path":["OCCUPATIONS CODE","TITLE 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING","SUBTITLE C. REGULATION OF CERTAIN TYPES OF HOUSING AND BUILDINGS","CHAPTER 1201. MANUFACTURED HOUSING","SUBCHAPTER C. LICENSING"],"source_url":"https://statutes.capitol.texas.gov/Docs/OC/htm/OC.1201.htm#1201.111","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:31Z","sha256":"9c9af5f3928776fa3c93e7b3efd509934800d97e172a6bed5a9c449a995ac6f1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-occupations-code-1201.110","next":"us-tx/tex.-occupations-code-1201.113"},"notice":"GroundRules: Original legal text. Not legal advice."}