Sec. 352.007. ADMINISTRATIVE PENALTY. The commissioner may assess an administrative penalty of $500 against a person for each knowing and wilful violation of this chapter.
Added by Acts 2007, 80th Leg., R.S., Ch. 135 (H.B. 1344), Sec. 1, eff. September 1, 2007.
Renumbered from Finance Code, Section 351.007 by Acts 2009, 81st Leg., R.S., Ch. 87 (S.B. 1969), Sec. 27.001(17), eff. September 1, 2009.
Structure Texas Statutes
Title 4 - Regulation of Interest, Loans, and Financed Transactions
Subtitle B - Loans and Financed Transactions
Chapter 352 - Tax Refund Anticipation Loans
Section 352.002. Restriction on Acting as Facilitator
Section 352.003. Registration of Facilitators
Section 352.004. Disclosure Requirements
Section 352.005. Investigation by Commissioner
Section 352.006. Revocation of Registration
Section 352.007. Administrative Penalty