Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 2. FINANCIAL REGULATORY AGENCIES |
Chapter 14. CONSUMER CREDIT COMMISSIONER |
Subchapter F. ADMINISTRATIVE PENALTY; RESTITUTION ORDER; ASSURANCE OF VOLUNTARY COMPLIANCE |
Sec. 14.254. NOTICE OF REPORT ON VIOLATION AND PENALTY RECOMMENDATION
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(a) Not later than the 14th day after the date on which a report is issued, the commissioner shall give written notice of the report by certified mail to the person charged with committing or causing the violation.
(b) The notice must:
(1) include a brief summary of the alleged violation;
(2) include a statement of the amount of the recommended penalty; and
(3) inform the person that the person has a right to a hearing on the occurrence of the violation, the amount of the penalty, or both.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.