Sec. 1101.659. REFUND. (a) Subject to Subsection (b), the commission may order a person regulated by the commission to pay a refund to a consumer as provided in an agreement resulting from an informal settlement conference or an enforcement order instead of or in addition to imposing an administrative penalty or other sanctions.
(b) The amount of a refund ordered as provided in an agreement resulting from an informal settlement conference or an enforcement order may not exceed the amount the consumer paid to the person for a service or accommodation regulated by this commission. The commission may not require payment of other damages or estimate harm in a refund order.
Added by Acts 2007, 80th Leg., R.S., Ch. 1411 (S.B. 914), Sec. 24, eff. September 1, 2007.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1101 - Real Estate Brokers and Sales Agents
Subchapter N. Prohibited Practices and Disciplinary Proceedings
Section 1101.651. Certain Practices Prohibited
Section 1101.652. Grounds for Suspension or Revocation of License
Section 1101.653. Grounds for Suspension or Revocation of Certificate
Section 1101.655. Revocation of License or Certificate for Claim on Account
Section 1101.656. Additional Disciplinary Authority of Commission
Section 1101.6561. Suspension or Revocation of Educational Program
Section 1101.660. Informal Proceedings
Section 1101.662. Temporary Suspension
Section 1101.663. Reapplying After Revocation, Surrender, or Denial