{"data":{"id":"us-tx/tex.-finance-code-14.252","jurisdiction":"us-tx","citation":"Tex. Finance Code § 14.252","heading":"AMOUNT OF PENALTY.","body":"(a) The commissioner may assess an administrative penalty for a violation in an amount not to exceed $1,000 for each day of the violation.\n(b) The aggregate amount of penalties under this subchapter that the commissioner may assess against a person during one calendar year may not exceed the lesser of:\n(1) $100,000; or\n(2) an amount that is equal to the greater of five percent of the net worth of the creditor or $5,000.\n(c) In determining the amount of an administrative penalty, the commissioner shall consider:\n(1) the seriousness of the violation, including the nature, circumstances, extent, and gravity of the prohibited act;\n(2) the extent of actual or potential harm to a third party;\n(3) the history of violations;\n(4) the amount necessary to deter future violations;\n(5) efforts to correct the violation; and\n(6) any other matter that justice may require.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.\nAmended by:\nActs 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 4.03, eff. September 1, 2005.","path":["FINANCE CODE","TITLE 2. FINANCIAL REGULATORY AGENCIES","CHAPTER 14. CONSUMER CREDIT COMMISSIONER","SUBCHAPTER F. ADMINISTRATIVE PENALTY; RESTITUTION ORDER; ASSURANCE OF VOLUNTARY COMPLIANCE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.14.htm#14.252","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"7373c084650cf9b3f8828fa53705e22a96b5a70f0840dac76605b4270eae2bb2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-14.251","next":"us-tx/tex.-finance-code-14.253"},"notice":"GroundRules: Original legal text. Not legal advice."}