: 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

(a) If a payment to the commission is dishonored by a payor, the commission shall charge the fee to the drawer or endorser for processing the dishonored payment required by §535.101(b)(23) of this title (relating to Fees). The commission shall notify the drawer or endorser of the fee by sending a request for payment of the dishonored payment and the processing fee by certified mail to the last known mailing 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 Occupations Code, §1101.652(a)(4), against a licensee who has within a reasonable time failed to make good a payment issued to the commission.

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

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