Texas Pawnshop Act definition
Examples of Texas Pawnshop Act in a sentence
Except in instances where a peace officer comes into property governed by the Texas Pawnshop Act (Chapter 371 of the Finance Code), an officer who comes into custody of property alleged to have been stolen must hold it if the property ownership is contested or disputed.
Notwithstanding anything to the contrary contained in this Article XVI, any other provision of this Agreement or any other Loan Document, to the extent required by applicable law, Agent and Lenders hereby agree to subordinate any rights and/or claims they may have against the current assets (as such term is defined in the Texas Pawnshop Act) of any Loan Party in order for such Loan Party to meet the net asset requirement of the Texas Pawnshop Act.
This chapter shall be known and may be cited as the "Texas Pawnshop Act." Acts 1997, 75th Leg., ch.
Following substantially the same statutory scheme as the Texas Pawnshop Act, the Oklahoma Pawnshop Act provides for, among other matters, the licensing and bonding of pawnbrokers in Oklahoma and provides for the Oklahoma Administrator of Consumer Credit to investigate the general fitness of the applicant and generally regulate pawnshops in that state.
A pawnbroker or pawnshop employee who fails to maintain eligibility under the Texas Pawnshop Act and the administrative rules promulgated by the OCCC [commissioner] is subject to an injunction, an administrative penalty, suspension or revocation.
We measure a fluence of 1.4 ± 0.4 ± 0.6×10−7 erg cm−2 (75–2000 keV), where, respectively, the statistical error is given at the 1 σ confidence level, and the systematic error corresponds to the uncertainty in the spectral model and instrument response.
Notwithstanding anything to the contrary contained in this Article XVI any other provision of this Agreement or any other Loan Document, to the extent required by applicable law, Agent and Lenders hereby agree to subordinate any rights and/or claims they may have against the current assets of First Cash, Ltd (as such term is defined in the Texas Pawnshop Act) in order for First Cash, Ltd to meet the net asset requirement of the Texas Pawnshop Act.
If any portion of the sum of $1,800,000 (adjusted as provided below) is not received by Seller on or before 365 days after the Closing Date, such unpaid portion shall immediately accelerate and bear interest at the rate of 12.0% per annum from the due date thereof until paid and the subordination of such obligation of Purchaser to the net asset requirement of the Texas Pawnshop Act shall terminate.
Also recognizing that state law creates and determines property rights in bankruptcy proceedings, the Court then turned to the provisions of the Texas Pawnshop Act, as codified in the Texas Finance Code, to clarify the nature of Prado’s property rights in his pawned merchandise.Id. at p.