Sec. 35.213. JUDICIAL REVIEW OF ADMINISTRATIVE PENALTY. (a) If on judicial review the court sustains the penalty order, the court shall order the person to pay the full amount of the penalty or a lower amount determined by the court. If the court does not sustain the order, a penalty is not owed.
(b) When the judgment of the court becomes final, if the person paid the amount of the penalty and if that amount is reduced or is not upheld by the court, the court shall order that the appropriate amount plus accrued interest computed at the annual rate of 10 percent be remitted by the department. The interest shall be paid for the period beginning on the date the penalty was paid and ending on the date the penalty is remitted. If the person gave a supersedeas bond and if the amount of the penalty is not upheld by the court, the court shall order the release of the bond. If the person gave a supersedeas bond and if the amount of the penalty is reduced, the court shall order the release of the bond after the person pays the amount owed.
(c) If the judgment of the court requires payment of a penalty that has not previously been paid, the court shall order as part of its judgment that interest accrues on the penalty at the annual rate of 10 percent, beginning on the date the judgment is final and ending on the date the penalty and interest are paid.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 35 - Enforcement Actions
Subchapter C. Unauthorized Activity: Investigation and Enforcement
Section 35.201. Inapplicability
Section 35.202. Investigation of Unauthorized Activity
Section 35.203. Subpoena Authority
Section 35.204. Enforcement of Subpoena
Section 35.205. Confidentiality of Subpoenaed Records
Section 35.207. Cease and Desist Order
Section 35.208. Emergency Cease and Desist Order
Section 35.209. Judicial Review of Cease and Desist Order
Section 35.210. Violation of Final Cease and Desist Order
Section 35.211. Administrative Penalty
Section 35.212. Payment and Appeal of Administrative Penalty