Texas Administrative Code

Texas Administrative Code

TITLE 7	BANKING AND SECURITIES
PART 5	OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 88	CONSUMER DEBT MANAGEMENT SERVICES
SUBCHAPTER B	ANNUAL REQUIREMENTS
RULE §88.201	Registration Term, Renewal, and Expiration

(a) Registration term and renewal. An initial registration is effective from the date of its issuance until January 31. A registration must be renewed annually to remain effective. After renewal, a registration is effective for a term of one year, from February 1 of a calendar year to January 31 of the next calendar year.

(b) Renewal requirements. A registered debt management services provider may renew its registration by providing the following:

(1) an annual report, according to §88.202 of this title (relating to Annual Report);

(2) the annual fee required by §88.107(f) of this title (relating to Fees); and

(3) any other information required by the OCCC.

(c) Due date for renewal fee. The annual fee and information described by subsection (b) of this section are due by January 31 of each year.

(d) Expiration. If a provider does not renew its registration, the registration will expire on January 31.

Source Note: The provisions of this §88.201 adopted to be effective November 10, 2005, 30 TexReg 7215; amended to be effective January 2, 2014, 38 TexReg 9488; amended to be effective March 8, 2018, 43 TexReg 1258; amended to be effective September 5, 2019, 44 TexReg 4724