SECTION 89.401. Branch Networks

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For purposes of Texas Finance Code, §351.151(b), an authorized licensee with multiple licensed offices is authorized to transact, make, negotiate, arrange, service, hold, 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 licensee.

Source Note: The provisions of this §89.401 adopted to be effective November 8, 2007, 32 TexReg 7920; amended to be effective May 9, 2013, 38 TexReg 2758

                    
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