Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1802.206 - Payment Limits(a) The department may not pay a single aggrieved party more than $15,000 for all claims arising from a single auction. (b) [Repealed by 2023 amendment](c) The total payment of claims against a single auctioneer arising from a single auction may not exceed $100,000 . Tex. Occ. Code § 1802.206
Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 626,Sec. 26, eff. 9/1/2023.Amended by Acts 2023, Texas Acts of the 88th Leg.- Regular Session, ch. 626,Sec. 19, eff. 9/1/2023.Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 1048,Sec. 13, eff. 6/14/2013.Amended by Acts 2003, 78th Leg., ch. 816, Sec. 26.053, eff. 9/1/2003Amended By Acts 2003, 78th Leg., ch. 1276, Sec. 14A.371, eff. 9/1/2003. Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. 9/1/1999.