Article 581-32-1. Refund

TX Civ Stat art 581-32-1 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

B. The amount of a refund ordered as provided in an agreed order or an enforcement order may not exceed the amount the client or purchaser paid to the dealer, agent, investment adviser, or investment adviser representative for a service or transaction regulated by the Board. The Commissioner may not require payment of other damages or estimate harm in a refund order.

Added by Acts 2019, 86th Leg., R.S., Ch. 772 (H.B. 1535), Sec. 6, eff. September 1, 2019.

Text of article effective until January 01, 2022