Sec. 349.502.  OFFENSE OF ENGAGING IN LENDING BUSINESS WITHOUT PROPER AUTHORITY.  (a)  A person commits an offense if the person engages in a business that is subject to Chapter 342, 346, or 351 without holding the license or other authorization required under that chapter.
(b)  An offense under this section is a misdemeanor punishable by a fine of not more than $1,000.
(c)  Each loan made without the authority required by Chapter 342, 346, or 351 is a separate offense.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.57, eff. Sept. 1, 1999.
Amended by: 
Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 2, eff. September 1, 2007.