Texas Finance Code - Section 154.103. Issuance Of Permit
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§ 154.103. ISSUANCE OF PERMIT. (a) The commissioner may
investigate an applicant before issuing an initial permit.
(b) The commissioner shall approve the application and
issue a permit to the applicant if the commissioner finds that the
business ability, experience, character, financial condition, and
general fitness of the applicant warrant the public's confidence.
The commissioner shall notify the applicant if the commissioner
finds otherwise.
(c) The applicant on request is entitled to a hearing on the
denial of the application, to be held not later than the 60th day
after the date of the request.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 154.052 154.053 154.054 154.055 154.056 154.101 154.102 154.103 154.104 154.105 154.106 154.107 154.108 154.109 154.110
Last modified: August 10, 2007
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