SECTION 85.502. Annual Report

As part of the examination process, a report must be filed in conjunction with the pawnshop license renewal providing certain information in a format prescribed by the OCCC and must comply with all instructions relating to submitting the report. These submissions are collected under the examination authority of Texas Finance Code, §371.201, and are confidential under the provisions of Texas Finance Code, §371.206. The OCCC will publish an aggregated report. A report for each licensed location must be filed by July 31st for the period of January 1st to December 31st of the preceding year and include:

(1) Number of pawn loans made during the year;

(2) Amount advanced in connection with pawn loans made during the year;

(3) Number of pawn loans outstanding on the December 31st immediately preceding the due date of the report; and

(4) Amount of pawn loans outstanding on the December 31st immediately preceding the due date of the report.

Source Note: The provisions of this §85.502 adopted to be effective October 1, 2000, 25 TexReg 9211; amended to be effective June 7, 2010, 35 TexReg 3471; amended to be effective February 1, 2019, 43 TexReg 8584