Texas Finance Code
§ 185.211 — PAYMENT AND APPEAL OF ADMINISTRATIVE PENALTY
FI § 185.211Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part F. TRUST COMPANIES · Ch. 185. ENFORCEMENT ACTIONS · Art. C. UNAUTHORIZED TRUST ACTIVITY: INVESTIGATION AND ENFORCEMENT
Statute text
View on source(a)When an administrative penalty order under Section 185.210 becomes final, a person affected by the order, within the time permitted by law for appeal, shall:
(1)pay the amount of the penalty;
(2)pay the amount of the penalty and file a petition for judicial review contesting the occurrence of the violation, the amount of the penalty, or both; or
(3)without paying the amount of the penalty, file a petition for judicial review contesting the occurrence of the violation, the amount of the penalty, or both.
(b)Within the time permitted by law for appeal, a person who acts under Subsection (a)(3) may:
(1)stay enforcement of the penalty by:
…
Legislative history
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.