7 Tex. Admin. Code § 86.102

Current through Reg. 49, No. 45; November 8, 2024
Section 86.102 - Fees
(a) Locations requiring registration. An annual registration fee is required for each location operated by a retail seller, creditor, holder or assignee.
(b) Annual fee. An annual fee is required under the provisions of Texas Finance Code, § 345.351 or § 347.451 and will be payable as follows:
(1) The annual fee is $10 for a registration under Texas Finance Code, Chapter 345.
(2) The annual fee is $15 for a registration under Texas Finance Code, Chapter 347.
(3) A retail seller, creditor, holder, or assignee must pay an annual fee for every chapter under which business is conducted.
(4) The registration is not transferable between locations. A retail seller, creditor, holder, or assignee must obtain a registration for each new location.
(5) No annual fee is required for a location operated by a retail seller, creditor, holder, or assignee operating under the provisions of Texas Finance Code, Chapter 345 or 347, provided the personnel at the location are not conducting regulated business with the consumer (e.g., storage, web-hosting, or data processing facility).
(c) Late filing fee. As provided by Texas Finance Code, § 349.302(b), a person must pay a $250 late filing fee for each registered location if the person:
(1) obtains a new registration after the person has begun engaging in business under Texas Finance Code, Chapter 345 or 347; or
(2) obtains a renewal more than 30 days after expiration.
(d) Evidence of registration. The Office of Consumer Credit Commissioner (OCCC) will issue a certificate evidencing registration under the provisions of Texas Finance Code, Chapter 345 or 347, and this section. A registrant may print a copy of its registration certificate through the OCCC's online licensing portal.
(e) Registration duplicates sent by mail. If a registrant does not print its registration certificate online, the registrant may request that the OCCC mail a registration duplicate for a fee of $10 per certificate mailed.

7 Tex. Admin. Code § 86.102

The provisions of this §86.102 adopted to be effective November 9, 2006, 31 TexReg 9017; Amended by Texas Register, Volume 40, Number 10, March 6, 2015, TexReg 1067, eff. 3/12/2015; Amended by Texas Register, Volume 44, Number 35, August 30, 2019, TexReg 4723, eff. 9/5/2019; Amended by Texas Register, Volume 48, Number 35, September 1, 2023, TexReg 4850, eff. 9/7/2023