The Finance Commission of Texas (the commission) adopts an amendment to §27.1 concerning application processing times and notices to applicants. This section is adopted without changes to the proposed text as published in the July 6, 2001, issue of the Texas Register (26 TexReg 4949), and the text will not be republished.

The amendment removes sale of checks licenses from the application of this section. A new rule regarding sale of checks license applications is being adopted in this issue of the Texas Register. This change will place the sale of checks rule in the same chapter as other rules pertaining to sale of checks.

The commission received no comments regarding the proposal.

The amendment is adopted under Finance Code, §152.102(a), which authorizes the commission to adopt rules necessary to enforce and administer Finance Code, Chapter 152 "including rules relating to an application of a license." Additional authority and applicable requirements are provided by Government Code, §2005.003.