Sec. 2153.303. MANDATORY DENIAL OF LICENSE FOR FAILURE TO COMPLY WITH CERTAIN PROVISIONS  


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  • The comptroller may not issue or renew a license if the applicant fails to:

    (1) designate and maintain an office located in the state as required by Section 2153.153; or

    (2) allow the comptroller to inspect records that the applicant is required to maintain under this chapter.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.