§ 12-222. Definitions.  


Latest version.
  • As used in this chapter:

    Certificate of registration means a certificate of registration issued by the director under this article to the owner or operator of a credit access business.

    Consumer means an individual who is solicited to purchase or who purchases the services of a credit access business.

    Consumer's language of preference is the language the consumer understands best.

    Credit access business has the meaning given that term in Section 393.601 of the Texas Finance Code, or successor section.

    Deferred presentment transaction has the meaning given that term in Section 393.601 of the Texas Finance Code, or successor section.

    Director means the city manager or designee directed to enforce and administer this chapter.

    Extension of consumer credit has the meaning given that term in Section 393.001 of the Texas Finance Code, or successor section.

    Motor vehicle title loan has the meaning given that term in Section 393.601 of the Texas Finance Code, or successor section.

    Person means any individual, corporation, organization, partnership, association, financial institution, or any other legal entity.

    Registrant means a person issued a certificate of registration for a credit access business under this chapter and includes all owners and operators of the credit access business identified in the registration application filed under this chapter.

    State license means a license to operate a credit access business issued by the Texas Consumer Credit Commissioner under Chapter 393, Subchapter G of the Texas Finance Code, or successor section.

(Ord. No. 2337, § 1, 10-11-16)