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 Texas Statutes (Last Updated: January 4, 2014)
 FINANCE CODE
 Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES
 Subtitle E. OTHER FINANCIAL BUSINESSES
 Chapter 156. RESIDENTIAL MORTGAGE LOAN COMPANIES AND RESIDENTIAL MORTGAGE LOAN ORIGINATORS  
 Subchapter C. RESIDENTIAL MORTGAGE LOAN COMPANY AND RESIDENTIAL MORTGAGE LOAN ORIGINATOR LICENSES AND REGISTRATION  

  Sec. 156.2081. REINSTATEMENT AFTER EXPIRATION    

Latest version.

  • (a) A person whose license has expired may not engage in activities that require a license until the license has been renewed.

    (b) A person who is otherwise eligible to renew a license, but has not done so before January 1, may renew the license before March 1 by paying the commissioner a reinstatement fee in an amount equal to 150 percent of the required renewal fee.

    (c) A person whose residential mortgage loan originator license has not been renewed before March 1 may not renew the license. The person may obtain a new license by complying with the requirements and procedures for obtaining an original license.

    (d) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 655, Sec. 65(a)(8), eff. September 1, 2011.

    (e) Repealed by Acts 2011, 82nd Leg., R.S., Ch. 655, Sec. 65(a)(8), eff. September 1, 2011.

Added by Acts 2001, 77th Leg., ch. 337, Sec. 8, eff. Sept. 1, 2001. Amended by: Acts 2005, 79th Leg., Ch. 1018 , Sec. 6.10, eff. September 1, 2005. Acts 2011, 82nd Leg., R.S., Ch. 655 , Sec. 23, eff. September 1, 2011. Acts 2011, 82nd Leg., R.S., Ch. 655 , Sec. 24, eff. September 1, 2011. Acts 2011, 82nd Leg., R.S., Ch. 655 , Sec. 65(a)(8), eff. September 1, 2011.