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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 2PAWNSHOP LICENSE
RULE §85.202Filing of New Application

      (iv) the scale at which the map was constructed.

    (D) Survey. The commissioner may require a survey to determine the distance from the proposed pawnshop location to existing operating pawnshops.

    (E) Zoning. Each applicant must file a certificate of occupancy or other evidence that the operation of a pawnshop is permitted at the proposed site.

    (F) Lease agreement or proof of ownership. Each applicant must file an executed lease agreement, deed, or other evidence that the entity has control of the proposed site.

    (G) Proof of general liability and fire insurance. Each applicant must file proof of insurance as required by §85.403 of this title (relating to Insurance). The policy must explicitly cover loss of pledged goods.

    (H) Bond. The commissioner may require a bond under Texas Pawnshop Act, §371.056, when the commissioner finds that this would serve the public interest. When a bond is required, the commissioner will give written notice to the applicant. Should a bond not be submitted within 40 calendar days of the date of the commissioner's notice, any pending application may be denied.

    (I) Pawnshop employee license program. At the time of the application, the applicant may provide a written notification to participate in the pawnshop employee license program.

(b) Subsequent applications. If the applicant is currently licensed and filing an application for a new location, the applicant must provide the information that is unique to the new location including the application for license, disclosure questions, owners and principal parties, a new financial statement, a map of the area where the proposed license will be situated as provided in subsection (a)(2)(C) of this section, a certificate of occupancy or other evidence that the operation of a pawnshop is permitted at the proposed site, a lease agreement or proof of ownership, and proof of general liability and fire insurance as provided in subsection (a)(2)(G) of this section. Other information required by this section need not be filed if the information on file with the OCCC is current and valid.

(c) Distances will be measured in a direct line despite travel patterns and natural or manmade obstacles and will be measured from front door to front door. The commissioner may require a survey to determine distances from the proposed pawnshop location to existing operating pawnshops. In examining the distance requirements of a proposed pawnshop, the existence or location of an inactive license will not be considered in the determination of the distance requirements. An application for a new license may not be approved unless the eligibility requirements are met and the proposed facility is within:

  (1) a county with a population of less than 250,000 according to the most recent decennial census regardless of distance from another operating pawnshop;

  (2) a county with a population of 250,000 or more according to the most recent decennial census and the pawnshop is not less than two miles from another operating pawnshop.


Source Note: The provisions of this §85.202 adopted to be effective June 7, 2010, 35 TexReg 3471; amended to be effective July 1, 2014, 39 TexReg 3392; amended to be effective January 1, 2017, 41 TexReg 8815; amended to be effective February 1, 2019, 43 TexReg 8584; amended to be effective October 1, 2019, 44 TexReg 4719; amended to be effective October 1, 2022, 47 TexReg 5333

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