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TITLE 7BANKING AND SECURITIES
PART 5OFFICE OF CONSUMER CREDIT COMMISSIONER
CHAPTER 83REGULATED LENDERS AND CREDIT ACCESS BUSINESSES
SUBCHAPTER BRULES FOR CREDIT ACCESS BUSINESSES
DIVISION 2AUTHORIZED ACTIVITIES
RULE §83.2003Attempted Evasion of Applicability of Subchapter

A "device, subterfuge, or pretense to evade the application of this subchapter," as used in Texas Finance Code, §393.602(c), includes:

  (1) a transaction that is not identified as a deferred presentment transaction or payday loan, if the transaction is a deferred presentment transaction; and

   (2) a transaction that is not identified as a motor vehicle title loan, if the transaction is a motor vehicle title loan.
Source Note: The provisions of this §83.2003 adopted to be effective November 10, 2011, 36 TexReg 7518; amended to be effective November 5, 2020, 45 TexReg 7704

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