(a) The pawnshop must commence operation within a period of six months after the date of approval unless an extension is granted, in writing, by the commissioner. No more than one six-month extension will be approved by the commissioner, unless good cause for the extension is shown. At the end of any approved extension, if the pawnshop has not been opened, the authority for approval of the pawnshop will be forfeited.
(b) The commissioner may approve opening and operating a temporary facility for an approved application, provided that the facility is within a one-half mile radius of the approved, permanent site. The operation of the temporary facility will cease immediately upon the permanent facility being completed for occupancy. The temporary facility must not operate longer than 18 months unless extended in writing by the commissioner. The commissioner may require regular status reports regarding the progress of occupying the approved, permanent site.

Source Note: The provisions of this §85.204 adopted to be effective September 5, 1999, 24 TexReg 6714; amended to be effective June 7, 2010, 35 TexReg 3471