Tex. Finance Code § 14.254
This is the official text of Tex. Finance Code § 14.254, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 14.254. NOTICE OF REPORT ON VIOLATION AND PENALTY RECOMMENDATION.
Official statutory text
(a) Not later than the 14th day after the date on which a report is issued, the commissioner shall give written notice of the report by certified mail to the person charged with committing or causing the violation.
(b) The notice must:
(1) include a brief summary of the alleged violation;
(2) include a statement of the amount of the recommended penalty; and
(3) inform the person that the person has a right to a hearing on the occurrence of the violation, the amount of the penalty, or both.
(b) The notice must:
(1) include a brief summary of the alleged violation;
(2) include a statement of the amount of the recommended penalty; and
(3) inform the person that the person has a right to a hearing on the occurrence of the violation, the amount of the penalty, or both.
Status: in_force · Read it on the official government site
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