Sections
16 entriesSection 7503Requires repossession-agency license applications to be written, filed with the bureau, signed, accompanied by the prescribed fee, and state required identity, business-location,…Section 7503.05Requires every applicant for a repossession-agency license, qualified certificate, or registration to undergo a fingerprint-based state and national criminal-history background check. Requires…Section 7503.1Requires each individual examination applicant and each manager, partnership partner, and corporate officer to submit a chief-provided identification form with a photograph…Section 7503.2Requires an individual repossession-agency license applicant to state the applicant’s full residence address, whether the applicant will personally and actively manage the…Section 7503.3Requires a partnership applying for a repossession-agency license to list every partner’s true name and address, identify the partner or other qualified…Section 7503.4Requires corporate license applications to identify officers and the person actively in charge, and LLC applications to identify owners and the responsible…Section 7503.5Allows the director to deny a license for listed conduct by an individual applicant or specified managers, officers, or partners, including fraud,…Section 7503.6Prohibits issuance of a license while a previously filed disciplinary action by the director remains pending against the applicant or against any…Section 7503.7Requires the director to determine the form and content of the license in accordance with Section 164. The provision assigns responsibility for…Section 7503.8Requires every repossession-agency license or duplicate license, together with any current renewal license, to be conspicuously displayed at all times at the…Section 7503.9Prohibits assignment of a repossession-agency license except through the stated process. Allows an agency, with the chief’s consent and payment of the…Section 7503.10Sets an original repossession agency license to expire one year after issuance and a renewal license two years after renewal. The bureau…Section 7503.11Allows an expired repossession agency license to be reinstated within one year after expiration by complying with the chapter, applying, paying unresolved…Section 7503.12Allows a suspended repossession-agency license to expire and be renewed under the article, but renewal does not authorize licensed activity while the…Section 7503.13Bars renewal of a revoked repossession agency license even though the license remains subject to expiration. If the license is reinstated after…Section 7503.14Bars renewal, restoration, reinstatement, or reissuance of a repossession agency license once it has remained unrenewed for 10 years after expiration. The…