| (a) New licenses.
(1) Investigation fees. A $200 nonrefundable investigation
fee is assessed each time an application for a new license is filed.
(2) Assessment fees. An assessment fee of $600 per
active license and $250 per inactive license is assessed each time
an application for a new license is filed. This assessment fee will
be refunded if the application is not approved.
(b) License transfers. An applicant must pay a $200
nonrefundable investigation fee for each license transfer.
(c) Fingerprint processing. An applicant must pay a
fee to a party designated by the Texas Department of Public Safety
for processing fingerprints. The Texas Department of Public Safety
and the designated party determine the amount of the fee and whether
it is refundable.
(d) License amendments. A fee of $25 must be paid each
time a licensee amends a license by inactivating a license, activating
an inactive license, changing the assumed name of the licensee, changing
the organizational form or proportionate ownership, providing notification
of a new parent entity, or relocating an office.
(e) License duplicates sent by mail. The fee for a
license duplicate sent by mail is $10.
(f) Costs of hearings. The commissioner may assess
the costs of an administrative appeal pursuant to Texas Finance Code, §14.207
for a hearing afforded under §89.307(d) of this title (relating
to Processing of Application), including the cost of the administrative
law judge, the court reporter, and agency staff representing the OCCC
at a hearing.
(g) Annual renewal and assessment fees.
(1) An annual assessment fee is required for each active
license consisting of:
(A) a fixed fee not to exceed $600; and
(B) a volume fee based upon the lending activity conducted
and the volume of business that consists of an amount not to exceed
$0.05 per each $1,000 advanced for license holders whose regulated
operations occur within Texas Finance Code, Chapter 351 in accordance
with the most recent annual report filing required by Texas Finance
Code, §351.164.
(2) An annual assessment fee not to exceed $250 is
required for each inactive license.
(3) The maximum annual assessment fee for each licensed
entity shall not average more than $1,200 per active licensed location.
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| Source Note: The provisions of this §89.310 adopted to be effective November 8, 2007, 32 TexReg 7919; amended to be effective March 14, 2010, 35 TexReg 1975; amended to be effective July 5, 2012, 37 TexReg 4874; amended to be effective November 9, 2017, 42 TexReg 6131; amended to be effective November 4, 2021, 46 TexReg 7396 |
