Statutes, codes, and regulations
Texas Administrative Code
Title 7 - BANKING AND SECURITIESPart 5 - OFFICE OF CONSUMER CREDIT COMMISSIONERChapter 85 - PAWNSHOPS AND CRAFTED PRECIOUS METAL DEALERSSubchapter A - RULES OF OPERATION FOR PAWNSHOPS
Division 1 - GENERAL PROVISIONS
Section 85.103 - Attempted Evasion of Subchapter

7 Tex. Admin. Code § 85.103

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Current through Reg. 49, No. 49; December 6, 2024
Section 85.103 - Attempted Evasion of Subchapter

A person may not use any device, subterfuge, or pretense to evade the application of this subchapter. A device, subterfuge, or pretense includes any transaction that in form may appear on its face to be something other than a pawn transaction, but in substance meets the definition of a pawn transaction as defined in the Texas Pawnshop Act, §371.003(8).

7 Tex. Admin. Code § 85.103

The provisions of this §85.103 adopted to be effective September 5, 1999, 24 TexReg 6712; amended to be effective July 1, 2014, 39 TexReg 3396