Tex. Occ. Code Section 1802.206
Payment Limits


(a)

The department may not pay a single aggrieved party more than $15,000 for all claims arising from a single auction.

(b)

Repealed by Acts 2023, 88th Leg., R.S., Ch. 626 (H.B. 4416), Sec. 26(9), eff. September 1, 2023.

(c)

The total payment of claims against a single auctioneer arising from a single auction may not exceed $100,000.
Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 816, Sec. 26.053, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1276, Sec. 14A.371, eff. Sept. 1, 2003.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 1048 (H.B. 3038), Sec. 13, eff. June 14, 2013.
Acts 2023, 88th Leg., R.S., Ch. 626 (H.B. 4416), Sec. 19, eff. September 1, 2023.
Acts 2023, 88th Leg., R.S., Ch. 626 (H.B. 4416), Sec. 26(9), eff. September 1, 2023.

Source: Section 1802.206 — Payment Limits, https://statutes.­capitol.­texas.­gov/Docs/OC/htm/OC.­1802.­htm#1802.­206 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 1802.206’s source at texas​.gov