§ 20-22. Definitions.

The following words, terms and phrases, when used in this article, shall have the meanings ascribed to them in this section, except where the context clearly indicates a different meaning:

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 V.T.C.A., Finance Code § 393.601.

Deferred presentment transaction has the meaning given that term in V.T.C.A., Finance Code § 393.601.

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

Extension of consumer credit has the meaning given that term in V.T.C.A., Finance Code § 393.001.

Motor vehicle title loan has the meaning given that term in V.T.C.A., Finance Code § 393.601.

Registrant means 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 article.

State license means a license to operate a credit access business issued by the Texas Consumer Credit Commissioner under V.T.C.A., Finance Code ch. 393, subch. G.

(Ord. No. 12,550, § 2, 5-22-14)