Tex. Occ. Code Section 603.510
Remittance of Penalty and Interest

(a)

If the person paid the administrative penalty and if the amount of the penalty is reduced or the penalty is not upheld by the court, the court shall order, when the court’s judgment becomes final, that the appropriate amount plus accrued interest be remitted to the person.

(b)

The interest accrues at the rate charged on loans to depository institutions by the New York Federal Reserve Bank.

(c)

The interest shall be paid for the period beginning on the date the penalty is paid and ending on the date the penalty is remitted.

(d)

If the person gave a supersedeas bond and the penalty is not upheld by the court, the court shall order, when the court’s judgment becomes final, the release of the bond.

(e)

If the person gave a supersedeas bond and the amount of the penalty is reduced, the court shall order the release of the bond after the person pays the reduced amount.
Added by Acts 2003, 78th Leg., ch. 326, Sec. 19, eff. Sept. 1, 2003.

Source: Section 603.510 — Remittance of Penalty and Interest, https://statutes.­capitol.­texas.­gov/Docs/OC/htm/OC.­603.­htm#603.­510 (accessed May 11, 2024).

603.001
Short Title 603.002
Definitions 603.003
Practice of Perfusion 603.004
Application of Chapter 603.006
Applicability of Other Law 603.051
Advisory Committee Membership 603.052
Membership and Employee Restrictions 603.053
Terms 603.054
Grounds for Removal 603.055
Reimbursement 603.056
Officers 603.057
Meetings 603.151
General Powers and Duties 603.152
General Rulemaking Authority 603.153
Rules Restricting Advertising or Competitive Bidding 603.154
Fees 603.155
Duties Regarding Complaints 603.156
Registry 603.201
Public Interest Information 603.202
Complaints 603.203
Records of Complaints 603.204
General Rules Regarding Complaint Investigation and Disposition 603.205
Public Participation 603.251
License Required 603.252
License Application 603.253
Competency Examination 603.254
Qualification for Examination 603.255
Investigation of Applicant 603.256
Examination Results 603.257
Reexamination and Alternatives to Examination 603.258
Issuance of License 603.259
Provisional License 603.301
License Renewal 603.302
Provisional License Renewal 603.303
Renewal of Expired License by Out-of-state Practitioner 603.304
Continuing Education 603.305
Grounds for Refusing Renewal 603.306
Refusal for Violation of Board Order 603.351
Display of License 603.352
License Holder Information 603.353
Surrender of License 603.354
Certification from American Board of Cardiovascular Perfusion 603.401
Grounds for Disciplinary Action 603.402
Contested Case Hearing 603.403
Administrative Procedure 603.404
Sanctions 603.405
Probation 603.406
Monitoring of License Holder 603.407
Informal Procedures 603.408
Emergency Suspension 603.409
Refund 603.451
Injunction 603.452
Criminal Penalty 603.453
Cease and Desist Order 603.501
Imposition of Administrative Penalty 603.502
Amount of Administrative Penalty 603.503
Notice of Violation and Penalty 603.504
Penalty to Be Paid or Hearing Requested 603.505
Hearing 603.506
Decision by Medical Board 603.507
Options Following Decision: Pay or Appeal 603.508
Collection of Penalty 603.509
Determination by Court 603.510
Remittance of Penalty and Interest 603.0511
Public Member Eligibility 603.511
Administrative Procedure 603.1535
Rules on Consequences of Criminal Conviction 603.2041
Subpoenas 603.2535
Jurisprudence Examination 603.2571
Criminal History Record Information Requirement for License 603.3031
Criminal History Record Information Requirement for Renewal 603.4515
Civil Penalty
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Accessed:
May 11, 2024

§ 603.510’s source at texas​.gov