SECTION 83.2003. Attempted Evasion of Applicability of Subchapter


Latest version.
  • A "device, subterfuge, or pretense to evade the application of this subchapter," as used in Texas Finance Code, §393.602(c), includes:

    (1) a transaction that is not identified as a deferred presentment transaction or payday loan, if the transaction is a deferred presentment transaction; and

    (2) a transaction that is not identified as a motor vehicle title loan, if the transaction is a motor vehicle title loan.

Source Note: The provisions of this §83.2003 adopted to be effective November 10, 2011, 36 TexReg 7518; amended to be effective November 5, 2020, 45 TexReg 7704