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100 chapters · 2,835 sections in this title.
Tex. Finance Code § 160.001 Definitions
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Sec. 160.001. DEFINITIONS. In this chapter: (1) "Commission" means the Finance Commission of Texas. (2) "Customer funds" means the digital assets, fiat currency, or other property deposited by a digital asset customer. (3) "Department" means the Texas Department of Banking. (4) "…
Tex. Finance Code § 160.002 Administration
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Sec. 160.002. ADMINISTRATION. The department shall administer this chapter. Added by Acts 2023, 88th Leg., R.S., Ch. 419 (H.B. 1666), Sec. 1, eff. September 1, 2023.
Tex. Finance Code § 160.003 Applicability
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Sec. 160.003. APPLICABILITY. (a) This chapter applies to a digital asset service provider doing business in this state that: (1) holds a money transmission license under Subchapter D, Chapter 151; and (2) either: (A) serves more than 500 digital asset customers in this state; or …
Tex. Finance Code § 160.004 Duties of Digital Asset Service Providers
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Sec. 160.004. DUTIES OF DIGITAL ASSET SERVICE PROVIDERS. (a) Except as provided by this chapter, a digital asset service provider may not: (1) commingle customer funds with funds belonging to the digital asset service provider, including the digital asset service provider's: (A) …