Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 4. DEPARTMENT OF SAVINGS AND MORTGAGE LENDING |
CHAPTER 51. DEPARTMENT ADMINISTRATION |
SUBCHAPTER D. RECOVERY FUND |
SECTION 51.303. Administrative Penalty Against Originator
Latest version.
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If the Commissioner approves a claim made under Finance Code §156.504, the Commissioner may impose an administrative penalty on the originator whose acts or omissions caused the claim.
Source Note: The provisions of this §51.303 adopted to be effective July 14, 2022, 47 TexReg 3962