Sec. 701.512. REFUND. (a) Subject to Subsection (b), the commission or executive director may order a license holder to pay a refund to a consumer as provided in an agreement resulting from an informal settlement conference instead of or in addition to imposing an administrative penalty under this chapter.
(b) The amount of a refund ordered as provided in an agreement resulting from an informal settlement conference may not exceed the amount the consumer paid to the license holder for a service regulated by this chapter. The commission or executive director may not require payment of other damages or estimate harm in a refund order.
Added by Acts 2005, 79th Leg., Ch. 147 (H.B. 1155), Sec. 27, eff. September 1, 2005.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 838 (S.B. 202), Sec. 1.221, eff. September 1, 2015.
Section: Previous 701.257 701.2575 701.258 701.259 701.260 701.301 701.303 701.304 701.351 701.352 701.353 701.401 701.403 701.451 701.502Last modified: September 28, 2016