Sec. 901.408. CONSEQUENCE OF FAILURE TO PAY CERTAIN FEES. (a) A person, other than a person described by Section 901.405(f), who fails to pay the license renewal fee and any late fee before the first anniversary of the due date of the renewal fee may renew the person's license only by submitting to the board an application for renewal accompanied by payment of:
(1) all accrued fees, including late fees; and
(2) the direct administrative costs incurred by the board in renewing the person's license.
(b) The board by rule shall prescribe the information to be included in an application for renewal under this section.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 315 (H.B. 2144), Sec. 7, eff. September 1, 2007.
Acts 2015, 84th Leg., R.S., Ch. 448 (H.B. 7), Sec. 31(h), eff. September 1, 2015.
Structure Texas Statutes
Title 5 - Regulation of Financial and Legal Services
Subtitle A - Financial Services
Subchapter I. License Requirements, Issuance, and Renewal
Section 901.401. License Required
Section 901.402. Eligibility Requirements; General Prohibition
Section 901.403. Application for and Renewal of License
Section 901.404. Notice of License Expiration
Section 901.405. Procedure for Renewal
Section 901.408. Consequence of Failure to Pay Certain Fees
Section 901.409. Fee Reduction for Retired Persons or Persons With Disabilities