Texas Statutes
§ 152.254 — UNAUTHORIZED ACTIVITIES.
Texas § 152.254
JurisdictionTexas
Code FIFinance Code
This text of Texas § 152.254 (UNAUTHORIZED ACTIVITIES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 152.254 (2026).
Text
Sec. 152.254. UNAUTHORIZED ACTIVITIES. A person may not engage in the business of money transmission on behalf of a person not licensed under this chapter or not exempt under Section 152.004 . A person who engages in unauthorized activity provides money transmission to the same extent as if the person were a money transmission licensee, and shall be jointly and severally liable with the unlicensed or nonexempt person. Any business for which a license is required under this chapter that is conducted by an authorized delegate outside the scope of authority conferred in the contract between the authorized delegate and the licensee is unlicensed activity.
SUBCHAPTER G. GENERAL DUTIES AND RESTRICTIONS FOR MONEY TRANSMISSION LICENSEE
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Legislative History
Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895 ), Sec. 1.01, eff. September 1, 2023.
Nearby Sections
15
§ 152.001
SHORT TITLE.§ 152.002
PURPOSE; CONSTRUCTION OF CHAPTER.§ 152.003
DEFINITIONS.§ 152.004
EXEMPTIONS.§ 152.051
ADMINISTRATION.§ 152.052
RULES; FEES.§ 152.053
IMPLEMENTATION.§ 152.054
COMMISSIONER'S GENERAL AUTHORITY.§ 152.055
CONFIDENTIALITY.§ 152.056
INVESTIGATIONS.§ 152.057
SUPERVISION.§ 152.058
NETWORKED SUPERVISION.§ 152.059
RELATIONSHIP TO FEDERAL LAW.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 152.254, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/152.254.