SECTION 83.401. Branch Networks  


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  • For purposes of Texas Finance Code, §342.151(b), an authorized lender with multiple licensed offices is authorized to make, negotiate, arrange, and collect loans from any of its licensed locations. Any action relating to a single account may occur at different licensed locations as long as every action is made by a licensed branch operated by the same authorized lender.

Source Note: The provisions of this §83.401 adopted to be effective January 4, 2007, 31 TexReg 10772