Texas § FI.393.601 - DEFINITIONS
Full text of Texas The Texas Constitution § FI.393.601 — DEFINITIONS, with citation guidance and answers to common questions.
§ FI.393.601. DEFINITIONS
DEFINITIONS. In this subchapter: (1) "Commissioner" means the consumer credit commissioner. (2) "Credit access business" means a credit services organization that obtains for a consumer or assists a consumer in obtaining an extension of consumer credit in the form of a deferred presentment transaction or a motor vehicle title loan. (3) "Deferred presentment transaction" has the meaning assigned by Section 341.001 . For purposes of this chapter, this definition does not preclude repayment in more than one installment. (4) "Finance commission" means the Finance Commission of Texas. (5) "Motor vehicle title loan" means a loan in which an unencumbered motor vehicle is given as security for the loan. The term does not include a retail installment transaction under Chapter 348 or another loan made to finance the purchase of a motor vehicle. (6) "Office" means the Office of Consumer Credit Commissioner. Added by Acts 2011, 82nd Leg., R.S., Ch. 1302 (H.B. 2594 ), Sec. 2, eff. January 1, 2012.
Frequently Asked Questions About Texas § FI.393.601
What does The Texas Constitution § FI.393.601 cover?
Section FI.393.601 ("DEFINITIONS") 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.393.601?
A common citation format is "The Texas Constitution § FI.393.601" (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.393.601 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.