Tex. Prop. Code Section 76.704
Offense

(a)

A person commits an offense if the person:

(1)

wilfully fails to file a report required by this chapter;

(2)

refuses to permit examination of records in accordance with this chapter;

(3)

makes a deduction from or a service charge against a dormant account or dormant deposit of funds; or

(4)

violates any other provision of this chapter.

(b)

An offense under this section is punishable by:

(1)

a fine of not less than $500 or more than $1,000;

(2)

confinement in jail for a term not to exceed six months; or

(3)

both the fine and confinement.

(c)

In addition to a criminal penalty, a person who commits an offense under Subsection (a) is subject to a civil penalty not to exceed $100 for each day of the violation. The attorney for the holder shall collect the civil penalty by bringing suit in a district court of the county in which the holder is located.
Added by Acts 1997, 75th Leg., ch. 1037, Sec. 38, eff. Sept. 1, 1997.

Source: Section 76.704 — Offense, https://statutes.­capitol.­texas.­gov/Docs/PR/htm/PR.­76.­htm#76.­704 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 76.704’s source at texas​.gov