Sec. 1103.553. CIVIL PENALTY FOR FILING FRIVOLOUS COMPLAINT. (a) A certified or licensed appraiser who files against another certified or licensed appraiser a complaint that the board determines to be frivolous is liable for a civil penalty.
(b) The amount of a civil penalty imposed under this section may not be less than $1,000 or more than $10,000.
(c) At the request of the board, the attorney general or a district or county attorney may bring an action in district court to recover a civil penalty under this section.
(d) A civil penalty recovered in an action brought under this section shall be deposited in the state treasury.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 106, Sec. 6, eff. Sept. 1, 2003.
Section: Previous 1103.516 1103.517 1103.518 1103.519 1103.520 1103.521 1103.522 1103.523 1103.551 1103.5511 1103.552 1103.5525 1103.553 1103.5535 1103.554 NextLast modified: September 28, 2016