Go to Previous Versions
of
this Section
2025 Texas Statutes
Occupations Code
Title 13 - Sports, Amusements, and Entertainment
Subtitle D - Other Amusements and Entertainment
Chapter 2153 - Coin-Operated Machines
Subchapter E. Provisions Relating to Transaction of Business
Section 2153.203. Record of Credit Transaction
Universal Citation:
TX Occ Code § 2153.203 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Sec. 2153.203. RECORD OF CREDIT TRANSACTION. (a) A license holder who extends or lends credit shall maintain in this state a record of the credit transaction in accordance with accepted accounting and auditing practices. The record must be sufficient to enable any competent person to determine if the license holder is in compliance with the requirements of this subchapter.
(b) The record must be preserved until the later of the fourth anniversary of the date the credit transaction occurred or the second anniversary of the date the final entry relating to the transaction is made.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Disclaimer: These codes may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
