Texas Finance Code - Section 14.262. Effect Of Assurance
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§ 14.262. EFFECT OF ASSURANCE. (a) An assurance of
voluntary compliance is not an admission of a violation of:
(1) this chapter or a rule adopted under this chapter;
(2) Chapter 394; or
(3) Subtitle B, Title 4, or a rule adopted under
Subtitle B, Title 4.
(b) Unless an assurance of voluntary compliance is
rescinded by agreement or voided by a court for good cause, a
subsequent failure to comply with the assurance is prima facie
evidence of a violation of:
(1) this chapter or a rule adopted under this chapter;
(2) Chapter 394; or
(3) Subtitle B, Title 4, or a rule adopted under
Subtitle B, Title 4.
Added by Acts 2005, 79th Leg., ch. 1018, § 4.05, eff. Sept. 1,
2005.
Section: 14.255 14.256 14.257 14.258 14.259 14.260 14.261 14.262 14.263 14.264 14.301 14.302 14.303 15.001 15.101
Last modified: August 10, 2007
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