Sec. 1103.552. ADMINISTRATIVE PENALTY. (a) The board may impose an administrative penalty for a violation of this chapter or a rule adopted or order issued by the board under this chapter in an amount not to exceed:
(1) $1,500 for each violation; or
(2) $5,000 for multiple violations in a single case.
(b) The person on whom the penalty is imposed shall pay the penalty not later than the 20th day after the date the order imposing the penalty becomes final.
(c) Notwithstanding any other law, the board shall remit an administrative penalty collected under this section to the comptroller for deposit in the general revenue fund.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 106, Sec. 5, eff. Sept. 1, 2003.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 131 (H.B. 2375), Sec. 23, eff. May 27, 2011.
Acts 2015, 84th Leg., R.S., Ch. 950 (S.B. 1007), Sec. 57, eff. January 1, 2016.
Acts 2019, 86th Leg., R.S., Ch. 334 (S.B. 624), Sec. 31, eff. September 1, 2019.
Structure Texas Statutes
Title 7 - Practices and Professions Related to Real Property and Housing
Subtitle A - Professions Related to Real Estate
Chapter 1103 - Real Estate Appraisers
Subchapter L. Penalties and Other Enforcement Provisions
Section 1103.5511. Temporary Suspension
Section 1103.552. Administrative Penalty
Section 1103.5525. Cease and Desist Order
Section 1103.553. Civil Penalty for Filing Frivolous Complaint
Section 1103.5535. Civil Penalty for Engaging in Activity Without Required Certificate or License
Section 1103.554. Criminal Penalty for Misrepresenting Qualifications
Section 1103.5545. Criminal Penalty for Engaging in Activity Without Required Certificate or License