Sec. 151.708. CRIMINAL PENALTY. (a) A person commits an offense if the person:
(1) intentionally makes a false statement, misrepresentation, or certification in a record or application filed with the department or required to be maintained under this chapter or a rule adopted or order issued under this chapter, or intentionally makes a false entry or omits a material entry in the record or application; or
(2) knowingly engages in an activity for which a license is required under Subchapter D or F without being licensed under this chapter.
(b) An offense under this section is a felony of the third degree.
(c) An offense under this section may be prosecuted in Travis County or in the county in which the offense is alleged to have been committed.
(d) Nothing in this section limits the power of the state to punish a person for an act that constitutes an offense under this or any other law.
Added by Acts 2005, 79th Leg., Ch. 1099 (H.B. 2218), Sec. 1, eff. September 1, 2005.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 75 (S.B. 899), Sec. 6, eff. September 1, 2015.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle E - Other Financial Businesses
Chapter 151 - Regulation of Money Services Businesses
Section 151.701. Injunctive Relief
Section 151.702. Cease and Desist Orders for Unlicensed Persons
Section 151.703. Suspension and Revocation of License
Section 151.704. Suspension and Revocation of Authorized Delegate Designation
Section 151.705. Cease and Desist Orders for License Holders or Authorized Delegates
Section 151.706. Consent Orders
Section 151.707. Administrative Penalty
Section 151.708. Criminal Penalty
Section 151.709. Notice, Hearing, and Other Procedures for Nonemergency Orders
Section 151.710. Requirements and Notice and Hearing Procedures for Emergency Orders