Texas Occupations Code § 1801.154 Consignor's Remedies

Sec. 1801.154. CONSIGNOR'S REMEDIES. (a) If a commission merchant fails to comply with a provision of Subchapter C, except Section 1801.103(a), (c), or (d), the commission merchant and the surety company or sureties required by Section 1801.052 are:

(1) liable for all actual damages incurred by the consignor resulting from the failure; and

(2) subject to a penalty of not less than $100 or more than $500.

(b) The consignor may recover the damages and penalty by filing suit for the actual damages and penalty.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999.

Section: Previous  1801.001  1801.002  1801.051  1801.052  1801.053  1801.054  1801.055  1801.101  1801.102  1801.103  1801.104  1801.105  1801.151  1801.152  1801.153

Last modified: September 28, 2016