Texas Statutes
§ 342.053 — AREA OF BUSINESS; LOANS BY MAIL OR ONLINE.
Texas § 342.053
JurisdictionTexas
Code FIFinance Code
This text of Texas § 342.053 (AREA OF BUSINESS; LOANS BY MAIL OR ONLINE.) 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. § 342.053 (2026).
Text
Sec. 342.053. AREA OF BUSINESS; LOANS BY MAIL OR ONLINE.
(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 or online from a licensed office.
SUBCHAPTER C. APPLICATION FOR AND ISSUANCE OF LICENSE
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Legislative History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.19(a), eff. Sept. 1, 1999.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442 ), Sec. 16, eff. September 1, 2019.
Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442 ), Sec. 17, eff. September 1, 2019.
Nearby Sections
15
§ 342.001
DEFINITIONS.§ 342.002
INTEREST COMPUTATION METHODS.§ 342.003
PURCHASE FROM MORTGAGEE.§ 342.005
APPLICABILITY OF CHAPTER.§ 342.007
DEFERRED PRESENTMENT TRANSACTION.§ 342.008
ATTEMPT TO EVADE LAW.§ 342.051
LICENSE REQUIRED.§ 342.101
APPLICATION REQUIREMENTS.§ 342.102
BOND.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 342.053, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/342.053.