TITLE 7.BANKING AND SECURITIES

Part 1. FINANCE COMMISSION OF TEXAS

Chapter 1. CONSUMER CREDIT COMMISSIONER

Subchapter A. REGULATED LOAN LICENSES

2. APPLICATION FOR LICENSE AND TRANSFER OF LICENSE

7 TAC §1.30, §1.31

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.30 and 1.31 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10847).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008711

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


6. LOANS MADE UNDER CHAPTER 342

7 TAC §§1.101, 1.102, 1.104 - 1.107

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.101, 1.102, 1.104, 1.105, 1.106, and 1.107 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10847).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008712

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


Subchapter E. INTEREST CHARGES IN LOANS

7 TAC §§1.501, 1.502, 1.504, 1.505

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.501, 1.502, 1.504 and 1.505 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10848).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008713

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


Subchapter F. ALTERNATE CHARGES FOR CONSUMER LOANS

7 TAC §1.601

The Finance Commission of Texas (the commission) adopts an amendment to 7 TAC §1.601 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendment is adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10850).

The agency received no comments on the amendment proposal.

The amendment is adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008714

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


Subchapter G. INTEREST AND OTHER CHARGES ON SECONDARY MORTGAGE LOANS

7 TAC §§1.701 - 1.706

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.701, 1.702, 1.703, 1.704, 1.705, and 1.706 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10850).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008715

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


Subchapter H. REFUNDS IN PRECOMPUTED LOANS

7 TAC §§1.751, 1.756, 1.757

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.751, 1.756, and 1.757 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10852).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008716

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


Subchapter I. INSURANCE

7 TAC §§1.801, 1.802, 1.804 - 1.806, 1.808, 1.811

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.801, 1.802, 1.804, 1.805, 1.806, 1.808, and 1.811 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10852).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008717

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


Subchapter J. AUTHORIZED LENDER'S DUTIES AND AUTHORITY

7 TAC §1.827, §1.828

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.827 and 1.828 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10853).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008718

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640


Subchapter K. PROHIBITIONS ON AUTHORIZED LENDERS

7 TAC §1.851, §1.857

The Finance Commission of Texas (the commission) adopts amendments to 7 TAC §§1.851 and 1.857 pertaining to the technical correction of legal citations as a result of the recodification by the 76th Legislature of the Texas Credit Code , Texas Civil Statutes, Article 5069, into the Texas Finance Code. The amendments are adopted without changes to the proposal as published in the November 3, 2000, issue of the Texas Register (25 TexReg 10854).

The agency received no comments on the amendment proposal.

The amendments are adopted under Texas Finance Code, §11.304, which authorizes the Finance Commission to adopt rules to enforce Title 4 of the Texas Finance Code. Additionally, Texas Finance Code, §342.551 authorizes the Finance Commission to adopt rules for the enforcement of the consumer loan chapter.

The statutory provisions (as currently in effect) affected Chapter 342, Texas Finance Code.

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on December 15, 2000.

TRD-200008719

Leslie L. Pettijohn

Commissioner

Finance Commission of Texas

Effective date: January 4, 2001

Proposal publication date: November 3, 2000

For further information, please call: (512) 936-7640