Tex. Occupations Code § 1101.709
REMITTANCE OF PENALTY AND INTEREST
Texas · Texas Occupations Code · Status: effective
Cite this
- Citation
- Tex. Occupations Code § 1101.709, REMITTANCE OF PENALTY AND INTEREST, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/701896
- Permanent ID
ys:prov:701896@1- SHA-256
d4e4bb63149b39868e7089dc6bc4c8efd80f04aff7e3a429369bb8e1f004a894
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) If after judicial review the administrative penalty is reduced or is not upheld by the court, the court shall remit the appropriate amount, plus accrued interest, to the person if the person paid the penalty.
(b) The interest accrues at the rate charged on loans to depository institutions by the New York Federal Reserve Bank.
(c) The interest shall be paid for the period beginning on the date the penalty is paid and ending on the date the penalty is remitted.
(d) If the person gave a supersedeas bond and the penalty is not upheld by the court, the court shall order, when the court's judgment becomes final, the release of the bond.
(e) If the person gave a supersedeas bond and the amount of the penalty is reduced, the court shall order the release of the bond after the person pays the reduced amount.