Sec. 154.054. EXAMINATION FEE. (a) For each examination conducted under Section 154.053, the commissioner or the commissioner's agent shall impose on the seller a fee in an amount set by the commission under Section 154.051 and based on the seller's total outstanding contracts.
(b) The amount of the fee must be sufficient to cover:
(1) the cost of the examination, including:
(A) salary and travel expenses for department employees, including travel to and from the place where the records are kept; and
(B) any other expense necessarily incurred in conducting the examination;
(2) the equitable or proportionate cost of maintaining and operating the department; and
(3) the cost of enforcing this chapter.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 74, eff. Sept. 1, 2001.
Section: Previous 154.001 154.002 154.003 154.004 154.051 154.052 154.053 154.054 154.055 154.056 154.101 154.102 154.103 154.104 154.105 NextLast modified: September 28, 2016