Commercial Sales-Based Financing Rules Proposal and Adopted Rules
Summary
The Texas Office of Consumer Credit Commissioner published proposed rules for commercial sales-based financing providers and brokers implementing Chapter 398 of the Texas Finance Code and HB 700 (2025). The rules require registration through NMLS, specific disclosures, recordkeeping, and prohibit unfair, deceptive, abusive practices and certain automatic debits. The OCCC is authorized to investigate and take enforcement actions including injunctions, penalties, and revocations. A separate pawnshop rule review accepts comments until May 3, 2026.
“The rules prohibit unfair, deceptive, and abusive practices, including false, misleading, or inaccurate statements, failure to perform contracted services, and charges that were not disclosed.”
What changed
The OCCC published proposed rules for commercial sales-based financing (CSBF) providers and brokers implementing HB 700 (2025) and Chapter 398 of the Texas Finance Code. The rules establish registration requirements through the Nationwide Multistate Licensing System (NMLS), mandatory disclosures including OCCC contact information, transaction-level recordkeeping, and prohibitions on unfair, deceptive, or abusive practices including false statements, failure to perform contracted services, and undisclosed charges. The rules also prohibit certain automatic debits from recipients' deposit accounts. The OCCC retains authority to investigate complaints and take enforcement actions including injunctions, penalties, and license revocations.
Affected commercial sales-based financing providers and brokers should ensure they understand the registration, disclosure, and recordkeeping requirements before the comment period closes. The pawnshop rule review is also open for comments until May 3, 2026. Additional adopted rules affecting motor vehicle sales finance, regulated lenders, property tax lenders, RMLOs, and pawnshop employees have various effective dates in 2025-2026.
Archived snapshot
Apr 20, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Recent and Upcoming Rules
Below you will find copies of recent and upcoming rules, as well as notices of upcoming stakeholder meetings on rules. Video of stakeholder webinars is available here. Rules that have gone into effect are available in the Texas Administrative Code.
If you’d like to be included on an email list for OCCC rule updates, send an email to rule.comments@occc.texas.gov, stating which industry you’d like rule updates on (e.g., motor vehicle sales finance, credit access businesses).
Rule Review Notice
Pawnshop Rule Review (published April 3, 2026)
The OCCC is conducting a rule review regarding pawnshops. The OCCC will accept official comments on the rule review until May 3, 2026.
Proposal
Commercial Sales-Based Financing Rules (published March 6, 2026)
The Finance Commission voted to publish these rules for comment at its February 20, 2026 meeting. The deadline for official comments was April 5. Video of the OCCC’s January 28 webinar on the rules is available here.
Summary: These proposed rules contain requirements for commercial sales-based financing providers and brokers to implement Chapter 398 of the Texas Finance Code and HB 700 (2025).
- Registration: The rules require providers and brokers to register through the Nationwide Multistate Licensing System (NMLS).
- Disclosures: The rules require providers to provide accurate disclosures including the OCCC’s contact information.
- Recordkeeping: The rules require providers and brokers to maintain a transaction file for each recipient and other business records.
- Unfair, deceptive, and abusive practices: The rules prohibit unfair, deceptive, and abusive practices, including false, misleading, or inaccurate statements, failure to perform contracted services, and charges that were not disclosed.
- Prohibition of certain automatic debits: The rules prohibit a provider from making certain automatic debits of a recipient’s deposit account.
- Administration and enforcement: The rules authorize the OCCC to take complaints, conduct investigations, and take enforcement actions, including injunctions, penalties, and revocations.
Recently Adopted Rules (2025-2026)
| Rule | Effective Date |
|---|---|
| Motor Vehicle License Term Adjustment | May 7, 2026 |
| Regulated Lender Rule Review | May 7, 2026 |
| Property Tax Lender Rule Review | Jan. 1, 2026 |
| Regulated Lender Licensing Rules | Jan. 1, 2026 |
| RMLO Military Licensing Rule | Nov. 13, 2025 |
| Pawnshop Employee Military Licensing Rule | Nov. 13, 2025 |
| RMLO NMLS Registration Rule | March 13, 2025 |
ALECS NMLS File Annual Report Licensee Search Notice to Property Tax Lenders and Regulated Lenders: A new Annual Report filing system has been launched, filing is open. Click Here. Notice: Credit Access Business NMLS Transition. Click Here.
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