Sec. 342.053. AREA OF BUSINESS; LOANS BY MAIL. (a) A lender is not limited to making loans to residents of the community in which the office for which the license or other authority is granted.
(b) A lender may make, negotiate, arrange, and collect loans by mail from a licensed office.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Last modified: September 28, 2016