ADMINISTRATIVE PENALTY.
Tex. OCC Code § 2051.451.
in effect(a) If the secretary of state determines that a person regulated under this chapter has violated this chapter or a rule adopted under this chapter in a manner that constitutes a ground for disciplinary action under Section 2051.405 , the secretary may assess an administrative penalty against the person as provided by this subchapter.
(b) The secretary shall determine the amount of a penalty assessed under Subsection (a), except that the amount may not exceed:
(1) $50,000 for a violation of Section 2051.351 (a)(7) or (14); or
(2) $25,000 for any other violation.
(c) In determining the amount of a penalty under Subsection (b), the secretary shall consider the seriousness of the violation.
Acts 2011, 82nd Leg., R.S., Ch. 741 (H.B. 1123 ), Sec. 11, eff. September 1, 2011.