Tex. Finance Code § 154.411
This is the official text of Tex. Finance Code § 154.411, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 154.411. RESTITUTION.
Official statutory text
The commissioner may issue an order to a person requiring restitution if, after notice and opportunity for hearing, the commissioner finds that the person:
(1) failed to deposit money in accordance with Subchapter F; or
(2) misappropriated, converted, or illegally withheld or failed or refused to pay on demand money entrusted to the person that belongs to the beneficiary under a prepaid funeral benefits contract.
(1) failed to deposit money in accordance with Subchapter F; or
(2) misappropriated, converted, or illegally withheld or failed or refused to pay on demand money entrusted to the person that belongs to the beneficiary under a prepaid funeral benefits contract.
Status: in_force · Read it on the official government site
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