Texas § 353.508 LICENSE SUSPENSION OR REVOCATION.

Texas Statutes

§ 353.508 — LICENSE SUSPENSION OR REVOCATION.

Texas § 353.508

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 353.508 (2026).

Text

Sec. 353.508. LICENSE SUSPENSION OR REVOCATION. After notice and opportunity for a hearing, the commissioner may suspend or revoke a license if the commissioner finds that:

(1)the license holder failed to pay the license fee, an investigation fee, or another charge imposed by the commissioner;

(2)the license holder, knowingly or without the exercise of due care, violated this chapter or a rule adopted or order issued under this chapter; or

(3)a fact or condition exists that, if it had existed or had been known to exist at the time of the original application for the license, clearly would have justified the commissioner's denial of the application.

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Sec. 353.508. LICENSE SUSPENSION OR REVOCATION. After notice and opportunity for a hearing, the commissioner may suspend or revoke a license if the commissioner finds that:
(1) the license holder failed to pay the license fee, an investigation fee, or another charge imposed by the commissioner;
(2) the license holder, knowingly or without the exercise of due care, violated this chapter or a rule adopted or order issued under this chapter; or
(3) a fact or condition exists that, if it had existed or had been known to exist at the time of the original application for the license, clearly would have justified the commissioner's denial of the application.

Legislative History

Added by Acts 2011, 82nd Leg., R.S., Ch. 117 (H.B. 2559 ), Sec. 17, eff. September 1, 2011. Amended by: Acts 2019, 86th Leg., R.S., Ch. 767 (H.B. 1442 ), Sec. 61, eff. September 1, 2019.