Tex. Fin. Code § 14.262

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 14.262 - Effect of Assurance
(a) An assurance of voluntary compliance is not an admission of a violation of:
(1) this chapter or a rule adopted under this chapter;
(2) Chapter 393 with respect to a credit access business or Chapter 394; or
(3) Subtitle B, Title 4, or a rule adopted under Subtitle B, Title 4.
(b) Unless an assurance of voluntary compliance is rescinded by agreement or voided by a court for good cause, a subsequent failure to comply with the assurance is prima facie evidence of a violation of:
(1) this chapter or a rule adopted under this chapter;
(2) Chapter 393 with respect to a credit access business or Chapter 394; or
(3) Subtitle B, Title 4, or a rule adopted under Subtitle B, Title 4.

Tex. Fin. Code § 14.262

Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 196,Sec. 8, eff. 9/1/2017.
Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 63,Sec. 7, eff. 9/1/2013.
Amended By Acts 2011, 82nd Leg., R.S., Ch. 1302, Sec. 9, eff. 1/1/2012.
Added by Acts 2005, 79th Leg., Ch. 1018, Sec. 4.05, eff. 9/1/2005.