Texas Finance Code

§ 158.059 — REVOCATION OF REGISTRATION

FI § 158.059Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 158. RESIDENTIAL MORTGAGE LOAN SERVICERS · Art. B. REGISTRATION OF RESIDENTIAL MORTGAGE LOAN SERVICERS

Statute text

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The commissioner may, after notice and hearing, revoke a registration under this chapter if:

(1)the registrant fails or refuses to comply with the commissioner's written request for a response to a complaint;

(2)the commissioner determines that the registrant has engaged in an intentional course of conduct to violate federal or state law or has engaged in an intentional course of conduct that constitutes fraudulent, deceptive, or dishonest dealings; or

(3)the registrant is not in compliance with any final order of the commissioner.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 588 (S.B. 17), Sec. 1, eff. September 1, 2011.