Texas § FI.156.203 - APPLICATION
Full text of Texas The Texas Constitution § FI.156.203 — APPLICATION, with citation guidance and answers to common questions.
§ FI.156.203. APPLICATION
APPLICATION; FEES. (a) For purposes of this section, an application for a residential mortgage loan company license means an application for: (1) a mortgage company license; (2) a credit union subsidiary organization license; (3) an auxiliary mortgage loan activity company license; or (4) an independent contractor loan processor or underwriter company license. (a-1) An application for a residential mortgage loan company license must be: (1) in writing; (2) under oath; and (3) on the form prescribed by the commissioner. (a-2) An application for a financial services company registration under Section 156.2012 must be: (1) in writing; (2) under oath; and (3) on the form prescribed by the commissioner. (b) An application for a residential mortgage loan company license must be accompanied by an application fee in an amount determined by the commissioner not to exceed $375. (c) Repealed by Acts 2013, 83rd Leg., R.S., Ch. 160, Sec. 87(5), eff. September 1, 2013. (d) An application fee under this section is not refundable and may not be credited or applied to any other fee or indebtedness owed by the person paying the fee. (e) In addition to the disciplinary action by the commissioner authorized under Section 156.303 (a)(7), the commissioner may collect a fee in an amount not to exceed $50 for any returned check or credit card charge back. Added by Acts 1999, 76th Leg., ch. 1254, Sec. 2, eff. Sept. 1, 1999. Amended by: Acts 2005, 79th Leg., Ch. 1018 (H.B. 955 ), Sec. 6.06, eff. September 1, 2005. Acts 2009, 81st Leg., R.S., Ch. 1317 (H.B. 2774 ), Sec. 7, eff. September 1, 2009. Acts 2011, 82nd Leg., R.S., Ch. 655 (S.B. 1124 ), Sec. 15, eff. September 1, 2011. Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004 ), Sec. 15, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004 ), Sec. 16, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004 ), Sec. 87(5), eff. September 1, 2013. Text of section as amended by Acts 2021, 87th Leg., R.S., Ch. 963 (S.B. 1900 ), Sec. 4 For text of section as amended by Acts 2021, 87th Leg., R.S., Ch. 929 (H.B. 3617 ), Sec. 3, see other Sec. 156.2041.
Frequently Asked Questions About Texas § FI.156.203
What does The Texas Constitution § FI.156.203 cover?
Section FI.156.203 ("APPLICATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.156.203?
A common citation format is "The Texas Constitution § FI.156.203" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.156.203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.