Tex.
Occ. Code Section 2153.305
Discretionary Disciplinary Action
(a)
The comptroller may refuse to issue or renew or may suspend or revoke a license or registration certificate if:(1)
the applicant or license or registration certificate holder violates this chapter or a rule adopted under this chapter;(2)
the applicant or license or registration certificate holder fails to answer a question or makes a false statement in, or in connection with, an application;(3)
the applicant or license or registration certificate holder extends or lends credit without notifying the commissioner of the person’s intent to extend or lend credit as required by Section 2153.253;(4)
the applicant or license or registration certificate holder uses coercion to accomplish a purpose or engage in conduct regulated by the comptroller; or(5)
the applicant or license or registration certificate holder enters into a contract or agreement with the owner of the location of a coin-operated machine and the contract or agreement contains any kind of restriction relating to the location owner’s right to purchase, agree to purchase, or use a product, commodity, or service that is not regulated under this chapter.(b)
The comptroller shall suspend or revoke a license or registration certificate if failure to suspend or revoke the license or registration would be contrary to the intent and purpose of this chapter.
Source:
Section 2153.305 — Discretionary Disciplinary Action, https://statutes.capitol.texas.gov/Docs/OC/htm/OC.2153.htm#2153.305 (accessed Jun. 5, 2024).
