Texas Occupations Code 1956.060 – Exception: Crafted Precious Metal Acquired by Person Licensed Under Texas Pawnshop Act
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Terms Used In Texas Occupations Code 1956.060
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
This subchapter does not apply to crafted precious metal acquired by:
(1) a person licensed under Chapter 371, Finance Code; or
(2) an entity affiliated with a person licensed under Chapter 371, Finance Code, if the entity’s recordkeeping practices satisfy the requirements of that chapter.