Created in 1967 by H.B. 452, 60th Leg., R.S. in TEX. FIN. CODE ANN. §§ 371.055, 371.064, 371.065, 371.103, 371.207 for reasonable and necessary fees charged each pawnshop as set by the Finance Commission including:

• New pawnshop investigation fee of $500
• Second or additional pawnshop license fee of $250
• Annual license fee in amount determined by the commission
• If application filed after June 30, fee for remainder of the year is $50
• Pawnshop employees license investigation and annual fee of $25
• Pawnshop employee license annual renewal $10
• Records examination or inspection to recover direct and indirect costs
• Change of name or address
• License transfer fee
• Filing fee of $100 with each report filed with Securities and Exchange Commission

May assess an administrative penalty not to exceed $1,000 per day.

Added and amended by: S.B. 405, 68th Leg., R.S.; H.B. 1230, 70th Leg. R.S.

Local account until 9-1-85; Investigation fee not refundable; Amended by H.B. 10, 75th Leg., R.S.; H.B. 1878, 76th Leg., R.S.; H.B. 1763 and S.B. 317, 77th Leg., R.S.

Were deposited to General Revenue Fund (No. 0001). Effective 9-1-09, H.B. 2774 made the Office of Consumer Credit Commissioner, Agency 466, a semi-independent agency with funds in the Texas Safekeeping Trust Company.