 |
Texas Statutes (Last Updated: January 4, 2014) |
 |
OCCUPATIONS CODE |
|
Title 5. REGULATION OF FINANCIAL AND LEGAL SERVICES |
|
Subtitle A. FINANCIAL SERVICES |
|
Chapter 901. ACCOUNTANTS |
|
Subchapter M. OTHER PENALTIES AND ENFORCEMENT PROVISIONS |
Sec. 901.602. CRIMINAL PENALTY
-
(a) A person commits an offense if the person violates this chapter. Each violation is a separate offense.
(b) Except as otherwise provided by this subsection, an offense under this section is a Class B misdemeanor. An offense under this section that involves intentional fraud is punishable as:
(1) a state jail felony if it is shown on the trial of the offense that the violation resulted in a monetary loss of less than $10,000 or did not result in a monetary loss;
(2) a felony of the third degree if it is shown on the trial of the offense that the violation resulted in a monetary loss of at least $10,000 but less than $100,000; or
(3) a felony of the second degree if it is shown on the trial of the offense that the violation resulted in a monetary loss of at least $100,000.
(c) A complaint filed under this section must be filed in a district court in:
(1) Travis County, if the complaint is filed against a person who is licensed under this chapter or is not a resident of this state; or
(2) the county in which the person resides, if the complaint is filed against a person who is a resident of this state but is not licensed under this chapter.