
This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.
| Legal Citations: |
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| Revenue Type: Cash — Business Regulation |
| Origin Date: 2007 by S.B. 1617, 80th Leg., R.S. |
| Issue Date: 2007-09-01 |
| Revised Date: 2018-02-09 |
A person in which at least 80% of ownership is identical to ownership of an automotive dealer is a related finance company. The comptroller shall establish a registration system for related finance companies. The company may register annually and the comptroller may charge a fee up to $1,500 per year.
As set by Comptroller
$1,500 fee and registration requirement repealed by H.B. 2067, 85th Leg., R.S.
| Appropriation Year | 26 |
|---|---|
| USAS Title | PROFESSIONAL FEES |
| Receipt Category | 03 – Business Regulation |
| Receipt Type | 10 – Business/Professional Fees |
| Object Group | 30 – Revenues |
| USAS Status | A |
| Rev/Exp Category | 01 – LICENSES, FEES, FINES, AND PENALTIES |