Sec. 151.501. DEFINITIONS

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(a) This section defines terms that apply specifically to an applicant for or holder of a currency exchange license issued under this subchapter.
(b) In this subchapter:
(1) "Currency" means the coin and paper money of the United States or any country that is designated as legal tender and circulates and is customarily used and accepted as a medium of exchange in the country of issuance.
(2) "Currency exchange" means exchanging the currency of one government for the currency of another government.

Added by Acts 2005, 79th Leg., Ch. 1099 , Sec. 1, eff. September 1, 2005.

                    
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