REMITTANCE OF PENALTY AND INTEREST OR RELEASE OF BOND.
Tex. OCC Code § 1954.357.
in effectIf after judicial review the administrative penalty is reduced or is not upheld by the court, the department shall:
(1) remit the appropriate amount, plus accrued interest, to the person not later than the 30th day after the date of the determination, if the person paid the penalty; or
(2) execute a release of the bond, if the person gave a bond.
Added by Acts 2001, 77th Leg., ch. 1421, Sec. 4, eff. June 1, 2003.
SUBCHAPTER I. OTHER PENALTIES AND ENFORCEMENT PROVISIONS