<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 7BANKING AND SECURITIES
PART 5OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 85PAWNSHOPS AND CRAFTED PRECIOUS METAL DEALERS
SUBCHAPTER BRULES FOR CRAFTED PRECIOUS METAL DEALERS
DIVISION 1REGISTRATION PROCEDURES
RULE §85.1006Registration Display

(a) In-person sales. A crafted precious metal dealer's registration must be prominently displayed in any location where the dealer purchases crafted precious metal from the public. The registration must be in a conspicuous location visible to the public.

(b) Internet sales. For business conducted through the Internet, a crafted precious metal dealer must fulfill one of the following two options on the dealer's website and on any website where the dealer advertises to the public:

  (1) include a complete copy of its registration in a prominent and conspicuous location which may be accessible via a direct link; or

  (2) include the following information in a prominent and conspicuous location:

    (A) name of the registered business followed by the phrase "crafted precious metal dealer";

    (B) registration certificate number of the dealer;

    (C) address of the permanent registered location of the dealer; and

    (D) a statement that the registered business is regulated by the Office of Consumer Credit Commissioner, 2601 North Lamar Boulevard, Austin, Texas 78705-4207.

(c) Mail order sales and advertisements. For business conducted through the US mail or a private delivery service (e.g., FedEx, UPS), a crafted precious metal dealer must either:

  (1) include a complete copy of its registration in a prominent and conspicuous location within any communication mailed to the public or a prospective seller; or

  (2) include the following information in a prominent and conspicuous location within any communication mailed to the public or a prospective seller:

    (A) name of the registered business followed by the phrase "crafted precious metal dealer";

    (B) registration certificate number of the dealer;

    (C) address of the permanent registered location of the dealer; and

    (D) a statement that the registered business is regulated by the Office of Consumer Credit Commissioner, 2601 North Lamar Boulevard, Austin, Texas 78705-4207.


Source Note: The provisions of this §85.1006 adopted to be effective November 10, 2011, 36 TexReg 7531

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page