Sec. 158.103. ACTION ON COMPLAINT. (a) If, after conducting an investigation, the commissioner determines that the registrant has violated this chapter or another applicable law, the commissioner may do one or more of the following:
(1) issue an order to the registrant to resolve the complaint by paying to the consumer the damages to which the consumer would be entitled under law; or
(2) order the registrant to cease and desist from the actions found to be in violation of law.
(b) A registrant may appeal an order issued under this section. The appeal is a contested case governed by Chapter 2001, Government Code.
Added by Acts 2011, 82nd Leg., R.S., Ch. 588 (S.B. 17), Sec. 1, eff. September 1, 2011.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle E - Other Financial Businesses
Chapter 158 - Residential Mortgage Loan Servicers
Subchapter C. Investigations, Complaints, and Actions Against Registrant
Section 158.101. Disclosure Statement
Section 158.102. Investigation of Complaints Against Registrant; Surcharge
Section 158.103. Action on Complaint
Section 158.104. Multi-State Examination Authority
Section 158.1045. Issuance and Enforcement of Subpoena