Texas Statutes (Last Updated: January 4, 2014) |
OCCUPATIONS CODE |
Title 7. PRACTICES AND PROFESSIONS RELATED TO REAL PROPERTY AND HOUSING |
Subtitle A. PROFESSIONS RELATED TO REAL ESTATE |
Chapter 1103. REAL ESTATE APPRAISERS |
Subchapter L. PENALTIES AND OTHER ENFORCEMENT PROVISIONS |
Sec. 1103.5535. CIVIL PENALTY FOR ENGAGING IN ACTIVITY WITHOUT REQUIRED CERTIFICATE OR LICENSE
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(a) A person who receives consideration for engaging in an activity for which a certificate or license is required under this chapter and who does not hold a certificate or license is liable for a civil penalty.
(b) The amount of a civil penalty imposed under this section may not be less than the amount of money equal to the value of the consideration received or more than three times the amount of money equal to the value of the consideration received.
(c) At the request of the board, the attorney general or a district or county attorney may bring an action in district court to recover a civil penalty under this section.
(d) A civil penalty recovered in an action under this section shall be deposited in the state treasury.
Added by Acts 2003, 78th Leg., ch. 106, Sec. 7, eff. Sept. 1, 2003.