TexasStatutes

Liability of Money Transmission Licensee

Tex. Finance Code § 152.251, under Chapter 152.

Tex. Finance Code § 152.251

Sec. 152.251. LIABILITY OF MONEY TRANSMISSION LICENSEE. A money transmission licensee is liable for the payment of all money or monetary value received for transmission directly or by an authorized delegate appointed under this subchapter. Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.