Finance Code § 180.061

Sec. 180.061. RULEMAKING AUTHORITY. A rulemaking authority may adopt rules establishing requirements as necessary for: (1) conducting background checks by obtaining: (A) criminal history information through fingerprint or other databases; (B) civil administrative records; (C) credit history information; or (D) any other information considered necessary by the Nationwide Mortgage Licensing System and Registry; (2) payment of fees to apply for or renew licenses through the Nationwide Mortgage Licensing System and Registry; (3) setting or resetting, as necessary, license renewal dates or reporting periods; (4) amending or surrendering a license or any other activity a regulatory official considers necessary for participation in the Nationwide Mortgage Licensing System and Registry; and (5) investigation and examination authority for purposes of investigating a violation or complaint arising under this chapter or for purposes of examining, reviewing, or investigating any license holder or individual subject to this chapter. Added by Acts 2009, 81st Leg., R.S., Ch. 1104 (H.B. 10), Sec. 1, eff. June 19, 2009.