Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 5. OFFICE OF CONSUMER CREDIT COMMISSIONER |
CHAPTER 85. PAWNSHOPS AND CRAFTED PRECIOUS METAL DEALERS |
SUBCHAPTER A. RULES OF OPERATION FOR PAWNSHOPS |
DIVISION 1. GENERAL PROVISIONS |
SECTION 85.103. Attempted Evasion of Subchapter
Latest version.
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A person may not use any device, subterfuge, or pretense to evade the application of this subchapter. A device, subterfuge, or pretense includes any transaction that in form may appear on its face to be something other than a pawn transaction, but in substance meets the definition of a pawn transaction as defined in the Texas Pawnshop Act, §371.003(8).
Source Note: The provisions of this §85.103 adopted to be effective September 5, 1999, 24 TexReg 6712; amended to be effective July 1, 2014, 39 TexReg 3392