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Historical Rule for the Texas Administrative Code

TITLE 22EXAMINING BOARDS
PART 23TEXAS REAL ESTATE COMMISSION
CHAPTER 534GENERAL ADMINISTRATION
RULE §534.2Processing Fees for Dishonored Checks

(a) If a check drawn to the commission is dishonored by a payor, the commission shall charge a fee of $25 to the drawer or endorser for processing the dishonored check. The commission shall notify the drawer or endorser of the fee by sending a request for payment of the dishonored check and the processing fee by certified mail to the last known business address of the person as shown in the records of the commission. If the commission has sent a request for payment in accordance with the provisions of this section, the failure of the drawer or endorser to pay the processing fee within 15 days after the commission has mailed the request is a violation of this section.

(b) Collection of the fee imposed under this section does not preclude the commission from proceeding under Texas Civil Statutes, Article 6573a, §15(a)(4), against a licensee who has within a reasonable time failed to make good a check issued to the commission.


Source Note: The provisions of this §534.2 adopted to be effective December 1, 1994, 19 TexReg 8114.

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