Texas § FI.157.013 - APPLICATION FOR LICENSE
Full text of Texas The Texas Constitution § FI.157.013 — APPLICATION FOR LICENSE, with citation guidance and answers to common questions.
§ FI.157.013. APPLICATION FOR LICENSE
APPLICATION FOR LICENSE; FEES. (a) An application for a residential mortgage loan originator license 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 originator license must be accompanied by: (1) an application fee in an amount determined by the commissioner, not to exceed $500; and (2) for an original license, a recovery fund fee in the amount of $20. (c) 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. (d) In addition to the disciplinary action by the commissioner authorized under Section 157.024 (a)(6), 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 2009, 81st Leg., R.S., Ch. 1147 (H.B. 2779 ), Sec. 8, eff. April 1, 2010. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 655 (S.B. 1124 ), Sec. 52, eff. September 1, 2011. Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004 ), Sec. 61, eff. September 1, 2013. Acts 2021, 87th Leg., R.S., Ch. 929 (H.B. 3617 ), Sec. 8, eff. September 1, 2021.
Frequently Asked Questions About Texas § FI.157.013
What does The Texas Constitution § FI.157.013 cover?
Section FI.157.013 ("APPLICATION FOR LICENSE") 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.157.013?
A common citation format is "The Texas Constitution § FI.157.013" (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.157.013 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.