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TITLE 7BANKING AND SECURITIES
PART 5OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 85PAWNSHOPS AND CRAFTED PRECIOUS METAL DEALERS
SUBCHAPTER ARULES OF OPERATION FOR PAWNSHOPS
DIVISION 3PAWNSHOP EMPLOYEE LICENSE
RULE §85.308Availability of Pawnshop Employee License Information

(a) Maintaining records. If a pawnbroker participates in the pawnshop employee license program, then the pawnbroker must maintain adequate written documents demonstrating that all pawnshop employees are either properly licensed pursuant to Texas Finance Code, §371.101 or have applied for a pawnshop employee license.

(b) Availability of records. If a pawnbroker participates in the pawnshop employee license program, then during an examination by the OCCC or an inspection by a peace officer, copies of the pawnshop employee licenses or copies of records relating to any pending applications for pawnshop employee licenses must be readily available.


Source Note: The provisions of this §85.308 adopted to be effective September 19, 2005, 30 TexReg 5336; amended to be effective October 1, 2019, 44 TexReg 4719

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