Sec. 1954.357. REMITTANCE OF PENALTY AND INTEREST OR RELEASE OF BOND


Latest version.
  • If after judicial review the administrative penalty is reduced or is not upheld by the court, the commissioner shall:

    (1) remit the appropriate amount, plus accrued interest, to the person not later than the 30th day after the date of the determination, if the person paid the penalty; or

    (2) execute a release of the bond, if the person gave a bond.

Added by Acts 2001, 77th Leg., ch. 1421, Sec. 4, eff. June 1, 2003.