Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 7. STATE SECURITIES BOARD |
CHAPTER 105. RULES OF PRACTICE IN CONTESTED CASES |
SECTION 105.15. Orders Issued by Securities Commissioner
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(a) When SOAH loses jurisdiction over the case as prescribed in §105.14 of this title (relating to Proposal for Decision), the complete transcript and record of the case, and the Proposal for Decision shall be sent directly to the Securities Commissioner. (b) The Commissioner may change a finding of fact or conclusion of law made by the Administrative Law Judge, or may vacate or modify an order issued by the Administrative Law Judge only on grounds set forth in the APA. The Commissioner shall state in writing the reason or basis for such a change. Source Note: The provisions of this §105.15 adopted to be effective April 3, 2012, 37 TexReg 2165