The Finance Commission of Texas is charged with overseeing the state’s finance agencies, including the Office of Consumer Credit Commissioner
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The Finance Commission of Texas is charged with overseeing the state’s finance agencies, including the Office of Consumer Credit Commissioner ("OCCO"). Tex. Finance $ 11.002. The legislature has directed the Finance Commission to "carry out in a manner that protects consumer interests . . .". Id. The Commission is charged with promulgateng rules regulating licensed property tax lenders, like Plaintiffs. See Tex. Finance Code Ch. 351; Pl. Pet. at 4. In turn, the OCCC is charged with enforcing laws that apply to property tax lenders. Tex. Finance Code S$ 14.201, 351.003(a). As of June 30, 2015, there were 92 property tax lenders licensed and regulated by the OCCO.
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