Sec. 152.002. PURPOSE; CONSTRUCTION OF CHAPTER. (a) The purposes of this chapter are to:
(1) protect the interests of purchasers of money services and the public;
(2) preserve and protect the safety and soundness of money services businesses; and
(3) protect against drug trafficking, terrorist funding, money laundering, structuring, or related financial crimes.
(b) In applying and construing this chapter, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact laws substantially similar to this chapter.
Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.