Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 157.004 - Exemptions This chapter does not apply to:
(1) a federally insured bank, savings bank, savings and loan association, Farm Credit System Institution, or credit union;(2) a subsidiary of a federally insured bank, savings bank, savings and loan association, Farm Credit System Institution, or credit union;(3) a residential mortgage loan company licensed under Chapter 156;(4) an authorized lender licensed under Chapter 342; or(5) the state or a governmental agency, political subdivision, or other instrumentality of the state, or an employee of the state or a governmental agency, political subdivision, or instrumentality of the state who is acting within the scope of the person's employment.Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 160,Sec. 52, eff. 9/1/2013.Amended By Acts 2009, 81st Leg., R.S., Ch. 1147, Sec. 4, eff. 4/1/2010.Added by Acts 2003, 78th Leg., ch. 1301, Sec. 1, eff. 1/1/2004.