Texas Finance Code - Section 14.208. Injunction; Appeal
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§ 14.208. INJUNCTION; APPEAL. (a) If the commissioner
has reasonable cause to believe that a person is violating a statute
to which this chapter applies, the commissioner, in addition to any
other authorized action, may issue an order to cease and desist from
the violation or an order to take affirmative action, or both, to
enforce compliance. A person may appeal the order to the finance
commission as provided by Subsection (d) or directly to district
court in accordance with Chapter 2001, Government Code.
(b) If a person against whom an order under this section is
made requests a hearing not later than the 30th day after the date
the order is served, the commissioner shall set and give notice of a
hearing before a hearings officer. The hearing is governed by
Chapter 2001, Government Code. Based on the findings of fact,
conclusions of law, and recommendations of the hearings officer,
the commissioner by order may find whether a violation has
occurred.
(c) If a hearing is not timely requested under Subsection
(b), the order is considered final and becomes enforceable. The
commissioner, after giving notice, may impose against a person who
violates a cease and desist order an administrative penalty in an
amount not to exceed $1,000 for each day of violation. In addition
to any other remedy provided by law, the commissioner on relation of
the attorney general may institute in district court a suit for
injunctive relief and to collect an administrative penalty. A bond
is not required of the commissioner with respect to injunctive
relief granted under this section. In the action, the court may
enter as proper an order awarding a preliminary or final
injunction.
(d) If a party seeks review of the order by the finance
commission, the party shall file a petition for review with the
finance commission not later than the 30th day after the date of the
issuance of the commissioner's decision. The finance commission
may affirm, vacate, or modify an order issued by the commissioner.
A party aggrieved by a final decision of the finance commission is
entitled to judicial review. The party may appeal the decision of
the finance commission by the filing of a motion for rehearing with
the finance commission and then filing a petition initiating
judicial review.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997. Amended
by Acts 2005, 79th Leg., ch. 1018, § 4.01, eff. Sept. 1, 2005.
Section: 14.201 14.202 14.203 14.204 14.205 14.206 14.207 14.208 14.209 14.251 14.252 14.253 14.254 14.255 14.256
Last modified: August 10, 2007
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