Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 5. PROTECTION OF CONSUMERS OF FINANCIAL SERVICES |
Chapter 393. CREDIT SERVICES ORGANIZATIONS |
Subchapter C-1. NOTICE AND DISCLOSURE REQUIREMENTS FOR CERTAIN CREDIT SERVICES ORGANIZATIONS |
Sec. 393.224. ADMINISTRATIVE PENALTY
Latest version.
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The consumer credit commissioner, in accordance with rules adopted by the Finance Commission of Texas, may assess an administrative penalty against a credit access business that knowingly and wilfully violates this subchapter or a rule adopted under this subchapter in the manner provided by Subchapter F, Chapter 14.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1301 , Sec. 1, eff. January 1, 2012.