Texas § 352.001 DEFINITIONS.

Texas Statutes

§ 352.001 — DEFINITIONS.

Texas § 352.001

Code FIFinance Code

This text of Texas § 352.001 (DEFINITIONS.) 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. § 352.001 (2026).

Text

Sec. 352.001. DEFINITIONS. In this chapter:

(1)"Borrower" means an individual who receives the proceeds of a refund anticipation loan.

(2)"Facilitator" means a person who processes, receives, or accepts for delivery an application for a refund anticipation loan, delivers a check in payment of refund anticipation loan proceeds, or in any other manner acts to allow the making of a refund anticipation loan.

(3)"Lender" means a person who extends credit to a borrower in the form of a refund anticipation loan.

(4)"Refund anticipation loan" means a loan borrowed by a taxpayer based on the taxpayer's anticipated federal income tax refund.

(5)"Refund anticipation loan fee" means a fee imposed or other consideration required by the facilitator or the lender for a refund anticipation loan. The

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Sec. 352.001. DEFINITIONS. In this chapter:
(1) "Borrower" means an individual who receives the proceeds of a refund anticipation loan.
(2) "Facilitator" means a person who processes, receives, or accepts for delivery an application for a refund anticipation loan, delivers a check in payment of refund anticipation loan proceeds, or in any other manner acts to allow the making of a refund anticipation loan.
(3) "Lender" means a person who extends credit to a borrower in the form of a refund anticipation loan.
(4) "Refund anticipation loan" means a loan borrowed by a taxpayer based on the taxpayer's anticipated federal income tax refund.
(5) "Refund anticipation loan fee" means a fee imposed or other consideration required by the facilitator or the lender for a refund anticipation loan. The term does not include a fee usually imposed or other consideration usually required by the facilitator in the ordinary course of business for services not related to the making of loans, including a fee imposed for tax return preparation or for the electronic filing of a tax return.

Legislative History

Added by Acts 2007, 80th Leg., R.S., Ch. 135 (H.B. 1344 ), Sec. 1, eff. September 1, 2007. Renumbered from Finance Code, Section 351.001 by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969 ), Sec. 27.001(17), eff. September 1, 2009.