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Tex. Finance Code § 342.161

EFFECT OF LICENSE SUSPENSION, REVOCATION, OR SURRENDER

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 342.161, EFFECT OF LICENSE SUSPENSION, REVOCATION, OR SURRENDER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647236
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(a) The suspension, revocation, or surrender of a license issued under this chapter does not affect the obligation of a contract between the license holder and a debtor entered into before the revocation, suspension, or surrender. (b) Surrender of a license does not affect the license holder's civil or criminal liability for an act committed before surrender.