83rd Texas Legislature, Regular Session, House Bill 1721, Chapter 943 Page: 1 of 3
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CHAPTER 943 H.B. No. 1721
1 AN ACT
2 relating to use of the Nationwide Mortgage Licensing System and
3 Registry in connection with the regulatory authority of the
4 consumer credit commissioner; affecting fees.
5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
6 SECTION 1. Subchapter C, Chapter 14, Finance Code, is
7 amended by adding Section 14.109 to read as follows:
8 Sec. 14.109. USE OF THE NATIONWIDE MORTGAGE LICENSING
9 SYSTEM AND REGISTRY. (a) In this section, "Nationwide Mortgage
10 Licensing System and Registry" or "nationwide registry" means a
11 licensing system developed and maintained by the Conference of
12 State Bank Supervisors and an affiliated organization to manage
13 mortgage' licenses and other financial services licenses or a
14 successor registry.
15 (b) This section applies only to:
16 (1) this chapter; and
17 (2) Chapter 342, 348, 351, 393, or 394.
18 (c) The commissioner may require that a person submit
19 through the Nationwide Mortgage Licensing System and Registry in
20 the form and manner prescribed by the commissioner and acceptable
21 to the registry any information or document or payment of a fee
22 required to be submitted to the commissioner under:
23 (1) a chapter to which this section applies; or
24 (2) rules adopted under the chapter.
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Texas. Legislature. House of Representatives. 83rd Texas Legislature, Regular Session, House Bill 1721, Chapter 943, legislative document, June 14, 2013; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth437800/m1/1/: accessed November 20, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.