Sec. 157.032. POWERS OF COMMISSIONER. (a) In addition to any other action, proceeding, or remedy authorized by law, the commissioner may institute an action in the commissioner's name to enjoin a violation of Subchapter D or a rule adopted under Subchapter D. To sustain an action filed under this subsection, it is not necessary to allege or prove that an adequate remedy at law does not exist or that substantial or irreparable damage would result from a continued violation of Subchapter D.
(b) The commissioner is not required to provide an appeal bond in any action or proceeding to enforce Subchapter D.
(c) The commissioner may authorize specific employees to conduct hearings and make recommendations for final decisions in contested cases.
Added by Acts 2013, 83rd Leg., R.S., Ch. 160 (S.B. 1004), Sec. 82, eff. September 1, 2013.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle E - Other Financial Businesses
Chapter 157 - Mortgage Bankers and Residential Mortgage Loan Originators
Section 157.021. Inspection; Investigations
Section 157.0211. Multi-State Examination Authority of Residential Mortgage Loan Servicer
Section 157.022. Issuance and Enforcement of Subpoena
Section 157.023. Administrative Penalty
Section 157.024. Disciplinary Action; Cease and Desist Order
Section 157.0241. Revocation or Suspension of License for Payment From Recovery Fund
Section 157.026. Hearings and Judicial Review
Section 157.027. Civil Actions and Injunctive Relief
Section 157.028. Burden of Proof to Establish an Exemption
Section 157.029. Reliance on Written Notices From the Commissioner
Section 157.030. Completion of Residential Mortgage Origination Services