For purposes of this chapter the following definitions shall apply unless the context clearly indicates or requires a different meaning.
CERTIFICATE OF REGISTRATION. A certificate of registration issued by the Director under this chapter to the owner or operator of a credit access business.
CONSUMER. An individual who is solicited to purchase or who purchases the services of a credit access business.
CONSUMER'S LANGUAGE OF PREFERENCE. The language the consumer understands best.
CREDIT ACCESS BUSINESS. The meaning given that term in Tex. Finance Code § 393.601.
DEFERRED PRESENTMENT TRANSACTION. The meaning given that term in Tex. Finance Code § 393.601.
DIRECTOR. The director of the department designated by the City Council, City Manager, or City Manager's designee to enforce and administer this chapter.
EXTENSION OF CONSUMER CREDIT. The meaning given that term in Tex. Finance Code § 393.001.
MOTOR VEHICLE TITLE LOAN. The meaning given that term in Tex. Finance Code § 393.601.
PERSON. Any individual, corporation, organization, partnership, association, financial institution, or any other legal entity.
REGISTRANT. A person issued a certificate of registration for a credit access business under this chapter and includes all owners and operators of the credit access business identified in the registration application filed under this chapter.
STATE LICENSE. A license to operate a credit access business issued by the Texas Consumer Credit Commissioner under Tex. Finance Code Ch. 393, Subchapter G.
(Ord. 14-1216A, passed 12-16-2014)