Sec. 14.262. EFFECT OF ASSURANCE. (a) An assurance of voluntary compliance is not an admission of a violation of:
(1) Section 339.001;
(2) this chapter or a rule adopted under this chapter;
(3) Chapter 393 with respect to a credit access business or Chapter 394; or
(4) 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(b) Unless an assurance of voluntary compliance is rescinded by agreement or voided by a court for good cause, a subsequent failure to comply with the assurance is prima facie evidence of a violation of: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) Section 339.001;
(2) this chapter or a rule adopted under this chapter;
(3) Chapter 393 with respect to a credit access business or Chapter 394; or
(4) Subtitle B, Title 4, or a rule adopted under Subtitle B, Title 4.
Added by Acts 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 4.05, eff. September 1, 2005.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 1302 (H.B. 2594), Sec. 9, eff. January 1, 2012.
Acts 2013, 83rd Leg., R.S., Ch. 63 (H.B. 2548), Sec. 7, eff. September 1, 2013.
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