Financial institutions and trade regulation.

Authors: Representative Woody Burton

Co-authors: Representative Justin Moed, Representative Gail Riecken

Sponsors: Senator Travis Holdman, Senator Greg Walker

Co-Sponsors: Senator Frank Mrvan


Makes various changes to the laws concerning: (1) first lien mortgage lenders; (2) persons licensed under the Uniform Consumer Credit Code; (3) rental purchase agreements; (4) debt management companies; (5) financial institutions; (6) pawnbrokers; (7) money transmitters; and (8) check cashers. Repeals a provision providing an alternative regular reserve formula for certain credit unions. Makes conforming amendments.