Sec. 1103.5535. CIVIL PENALTY FOR ENGAGING IN ACTIVITY WITHOUT REQUIRED CERTIFICATE OR LICENSE. (a) A person who receives consideration for engaging in an activity for which a certificate or license is required under this chapter and who does not hold a certificate or license is liable for a civil penalty.
(b) The amount of a civil penalty imposed under this section may not be less than the amount of money equal to the value of the consideration received or more than three times the amount of money equal to the value of the consideration received.
(c) At the request of the board, the attorney general or a district or county attorney may bring an action in district court to recover a civil penalty under this section.
(d) A civil penalty recovered in an action under this section shall be deposited in the state treasury.
Added by Acts 2003, 78th Leg., ch. 106, Sec. 7, eff. Sept. 1, 2003.
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