SB1371 —

Compared against the Texas statutes as published AI-generated reading aid — verify against the official bill.

This bill amends 31 section(s) of the Texas statutes: Section 393.628, Finance Code, Section 14.209(a), Finance Code, Section 156.554(b), Finance Code, Section 180.002(5), Finance Code, Section 303.015(c), Finance Code, Section 303.402(a), Finance Code.

• Section 393.628, Finance Code

  393.628 this subchapter license in the same manner as funds of the Employees Retirement System of Texas → 14.113 Subchapter G, Chapter 393 of a credit access business license under the prudent person standard described by Section 11b, Article VII, Texas Constitution (b-1) The expenses of managing the investments may be paid from the deposit account described by Subsection (b). may make grants and

  amended

• Section 14.209(a), Finance Code

  14.208(b) → 14.208(c)

  amended

• Section 156.554(b), Finance Code

  393.628(c) → 14.113(c)

  amended

• Section 180.002(5), Finance Code

  103(v) 1602(v) → 103(w) 1602(w)

  amended

• Section 303.015(c), Finance Code

  and the Consumer Financial Protection Bureau

  amended

• Section 303.402(a), Finance Code

  interest or

  amended

• 15 U.S.C. Chapter 41, Subchapter I 1601 12 C.F.R. Part 226 its staff Federal Reserve Part → the Truth in Lending Act 1661 Regulation Z (12 C.F.R. Parts 226 and 1026) and the Consumer Financial Protection Bureau , the Consumer Financial Protection Bureau, the staff of those agencies Parts and 1026

  amended

• Section 341.301(a), Finance Code

  12 C.F.R. Section 226.1 et seq. (Regulation Z) → Regulation Z (12 C.F.R. Parts 226 and 1026)

  amended

• Section 341.401(b), Finance Code

  and the Consumer Financial Protection Bureau

  amended

• Section 341.402(b), Finance Code

  Title VII of the Consumer Credit Protection → the Equal Credit Opportunity

  amended

• Section 341.502(a-1), Finance Code

  226.18 → 1026.18

  amended

• Section 341.602(f), Finance Code

  in the same manner as funds of the Employees Retirement System of Texas judgments awarded → The commissioner shall remit to the comptroller amounts received under Section 341.603(a) for deposit in an interest-bearing deposit account in the Texas Treasury Safekeeping Trust Company. under the prudent person standard described by Section 11b, Article VII, Texas Constitution claims

  amended

• Section 342.160, Finance Code

  delivering to the commissioner: (1) the license; and (2) a written notice of the license's surrender → complying with the commissioner's written instructions relating to license surrender

  amended

• Section 342.556(a), Finance Code

  a written appointment of a resident of this state as of all judicial or other process or legal notice, unless the lender has appointed an agent under another statute of this state → the name and address of registered

  amended

• Section 343.201, Finance Code

  226.32 226.2 226.32(a)(1)(i) 226.32(a)(1)(ii) 226.32(b) → 1026.32 1026.2 1026.32(a)(1)(i) 1026.32(a)(1)(ii) 1026.32(b)

  amended

• Section 345.106, Finance Code

  is not more than $15 → does not exceed the amount prescribed by Section 3.506, Business & Commerce Code

  amended

• Section 345.351(a), Finance Code

  of $10 → in an amount determined under Section 14.107

  amended

• Section 347.451(a), Finance Code

  of $15 → in an amount determined under Section 14.107

  amended

• Section 348.009(a), Finance Code

  12 C.F.R. Part 226 (Regulation Z) Section → Regulation Z (12 C.F.R. Parts 226 and 1026) Sections and 1026.18(f)

  amended

• Section 348.404(d), Finance Code

  12 C.F.R. Part 226 (Regulation Z) → Regulation Z (12 C.F.R. Parts 226 and 1026)

  amended

• Section 348.510, Finance Code

  delivering to the commissioner: (1) the license; and (2) a written notice of the license's surrender → complying with the commissioner's written instructions relating to license surrender

  amended

• Section 351.0022, Finance Code

  or Chapter 32, Tax Code

  amended

• Section 351.160, Finance Code

  delivering to the commissioner: (1) the license; and (2) a written notice of the license's surrender → complying with the commissioner's written instructions relating to license surrender

  amended

• Section 352.006(b), Finance Code

  20th day after the date the facilitator receives the notice of the proposed revocation → 30th day after the date on which the order of revocation is served

  amended

• Section 353.510, Finance Code

  delivering to the commissioner: (1) the license; and (2) a written notice of the license's surrender → complying with the commissioner's written instructions relating to license surrender

  amended

• Section 371.073(a), Finance Code

  a written appointment of a resident of this state as all judicial or other or legal notice unless the pawnbroker has appointed an agent under another statute of this state → the name and address of registered

  amended

• Section 371.157, Finance Code

  regulations issued Federal Reserve Board → Regulation Z (12 C.F.R. Part 1026) adopted Consumer Financial Protection Bureau

  amended

• Section 371.255, Finance Code

  opportunity for a

  amended

• Section 371.257(a), Finance Code

  delivering it to the commissioner with written notice of surrender → complying with the commissioner's written instructions relating to license surrender

  amended

• Section 393.617, Finance Code

  delivering to the commissioner: (1) the license; and (2) a written notice of the license's surrender → complying with the commissioner's written instructions relating to license surrender

  amended

• Section 394.2101(a), Finance Code

  must be rounded to the nearest $100, except that the amounts of the fees and other charges

  amended

• Section 394.212(a), Finance Code

  an 394.204(c)(3) an organization 394.204(c)(3) → a for-profit business 394.204(c)(7) a for-profit business entity 394.204(c)(7)

  amended

• 12 C.F.R. Section 226.23 15 U.S.C. Section 6802 and 12 C.F.R. Part 216 → the Truth in Lending Act (15 U.S.C. Section 1635) and Regulation Z (12 C.F.R. Section 1026.23) the Gramm-Leach-Bliley Act (15 U.S.C. Section 6802) and Regulation P (12 C.F.R. Part 1016)

  amended