Texas Statutes

§ 154.406 — ADMINISTRATIVE PENALTY.

Texas § 154.406
JurisdictionTexas
Code FIFinance Code

This text of Texas § 154.406 (ADMINISTRATIVE PENALTY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Finance Code Code Ann. § 154.406 (2026).

Text

Sec. 154.406. ADMINISTRATIVE PENALTY.

(a)After notice and opportunity for hearing, the commissioner may impose an administrative penalty on a person who:
(1)violates this chapter or a final order of the commissioner or rule of the commission and does not correct the violation before the 31st day after the date the person receives written notice of the violation from the department; or
(2)engages in a pattern of violations, as determined by the commissioner.
(b)The amount of the penalty for each violation may not exceed $1,000 for each day the violation occurs.
(c)In determining the amount of the penalty, the commissioner shall consider the seriousness of the violation, the person's history of violations, and the person's good faith in attempting to comply with this chapter.
(d)The im

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 699, Sec. 11, eff. Sept. 1, 2001; Acts 2001, 77th Leg., ch. 867, Sec. 82, eff. Sept. 1, 2001; Acts 2003, 78th Leg., ch. 1276, Sec. 8.003, eff. Sept. 1, 2003.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Texas § 154.406, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/154.406.