Texas Finance Code

§ 14.255 — RESPONSE OF PERSON RECEIVING NOTICE

FI § 14.255Title 2. FINANCIAL REGULATORY AGENCIES · Ch. 14. CONSUMER CREDIT COMMISSIONER · Art. F. ADMINISTRATIVE PENALTY; RESTITUTION ORDER; ASSURANCE OF VOLUNTARY COMPLIANCE

Statute text

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Not later than the 20th day after the date on which a person receives notice under Section 14.254, the person may:

(1)accept in writing the determination and recommended penalty of the commissioner; or

(2)make a written request for a hearing on the occurrence of the violation, the amount of the penalty, or both.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.