Sec. 1103.5526. REFUND. (a) Subject to Subsection (b), the board may order a person regulated by the board under this chapter or Chapter 1104 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 regulated by the board. The board may not require payment of other damages or estimate harm in a refund order.
Added by Acts 2019, 86th Leg., R.S., Ch. 334 (S.B. 624), Sec. 32, 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