Texas Administrative Code

Texas Administrative Code

TITLE 22	EXAMINING BOARDS
PART 23	TEXAS REAL ESTATE COMMISSION
CHAPTER 534	GENERAL ADMINISTRATION
RULE §534.2	Processing Fees for Dishonored Payments
Repealed Date:	12/11/2019

Historical

Texas Register

(a) If a payment to the Commission by or on behalf of a license holder or applicant is dishonored or reversed by a bank or other financial institution, the Commission shall charge the fee to the license holder or applicant for processing the dishonored or reversed payment required by §535.101(b)(23) of this title (relating to Fees). The Commission shall notify the license holder or applicant of the fee by sending a request for payment of the dishonored or reversed payment and the processing fee by certified mail to the last known mailing address of the license holder or applicant 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 license holder or applicant 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 Occupations Code, §1101.652(a)(3), against a license holder who has failed to make good a payment issued to the Commission within a reasonable time.

Source Note: The provisions of this §534.2 adopted to be effective December 1, 1994, 19 TexReg 8114; amended to be effective January 7, 2009, 34 TexReg 56; amended to be effective January 1, 2013, 37 TexReg 7175; amended to be effective May 21, 2014, 39 TexReg 3858; amended to be effective November 24, 2015, 40 TexReg 8220; amended to be effective December 7, 2016, 41 TexReg 9518