Sec. 1802.252. REVOCATION FOR CLAIM ON FUND. (a) The commission may revoke a license issued under this chapter if the executive director makes a payment from the fund as the result of an action of the license holder.
(b) The commission may probate an order revoking a license.
(c) An auctioneer is not eligible for a new license until the auctioneer has repaid in full the amount paid from the fund on the auctioneer's account, including interest, unless:
(1) a hearing is held; and
(2) the executive director issues a new probated license.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 816, Sec. 4.016, eff. Sept. 1, 2003.
Structure Texas Statutes
Title 11 - Regulation of Sales and Solicitation
Subchapter F. Denial of License and Disciplinary Procedures
Section 1802.251. Denial of Application; Suspension or Revocation of License
Section 1802.252. Revocation for Claim on Fund
Section 1802.253. Hearing by State Office of Administrative Hearings