§ 19-121. Definitions.

As used in this article:

Certificate of registration means a certificate of registration issued by the director under this article to the owner or operator of a credit access business.

Consumer means an individual who is solicited to purchase or who purchases the services of a credit access business.

Consumer's language of preference is the language the consumer understands best.

Credit access business has the meaning given that term in Section 393.601 of the Texas Finance Code.

Deferred presentment transaction has the meaning given that term in Section 393.601 of the Texas Finance Code.

Director means the director of the department designated by the city council, city manager, or city manager's designee, to enforce and administer this article.

Extension of consumer credit has the meaning given that term in Section 393.001 of the Texas Finance Code.

Motor vehicle title loan has the meaning given that term in Section 393.601 of the Texas Finance Code.

Person means any individual, corporation, organization, partnership, association, financial institution, or any other legal entity.

Registrant means a person issued a certificate of registration for a credit access business under this article and includes all owners and operators of the credit access business identified in the registration application filed under this article.

State license means a license to operate a credit access business issued by the Texas Consumer Credit Commissioner under Chapter 393, Subchapter G of the Texas Finance Code.

( Ord. No. 15-007, § 2, 1-22-15 )