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Action required Texas Department of Banking TX Sep 11, 2026

Debt Collection Enforcement Action Against GunTab

The Texas Department of Banking issued a Consent Order against Lockeson Escrow, Inc. d/b/a GunTab on September 1, 2026, for unlicensed money transmission.

The Texas Department of Banking issued a Consent Order against Lockeson Escrow, Inc. d/b/a GunTab on September 1, 2026, for unlicensed money transmission.

What changed

Required unlicensed entity to cease operations unless licensed.

Compliance perspective

Unlicensed activities must be addressed immediately to prevent enforcement actions.

Key date

Effective date: September 1, 2026.

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