Tex. Fin. Code § 14.251

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 14.251 - Assessment of Penalty; Restitution Order

(a) The commissioner may assess an administrative penalty against a person who knowingly and wilfully violates or causes a violation of this chapter, Chapter 394, or Subtitle B, Title 4, or a rule adopted under this chapter, Chapter 394, or Subtitle B, Title 4.

(a-1) The commissioner shall assess an administrative penalty against a credit access business who knowingly and wilfully violates or causes a violation of Chapter 393, or a rule adopted under Chapter 393.

(b) The commissioner may order the following businesses or other persons to pay restitution to an identifiable person:

(1) a person who violates or causes a violation of this chapter, Chapter 394, or Subtitle B, Title 4, or a rule adopted under this chapter, Chapter 394, or Subtitle B, Title 4;

(2) a credit access business who violates or causes a violation of Chapter 393 or a rule adopted under Chapter 393; or

(3) a person who violates or causes a violation of Subchapter B, Chapter 1956, Occupations Code, or a rule adopted under that subchapter.

Tex. Fin. Code § 14.251

Amended by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 767,Sec. 11, eff. 9/1/2019.

Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 196,Sec. 6, eff. 9/1/2017.

Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 63,Sec. 5, eff. 9/1/2013.

Amended By Acts 2011, 82nd Leg., R.S., Ch. 1302, Sec. 7, eff. 1/1/2012.

Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.29, eff. 9/1/1999.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.