(a) The board may order a person to issue a refund if, after a proceeding under this chapter, it determines the person violated or has violated Occupations Code Chapter 2301 or department rules.
(b) Under this section, a refund is the return of any percentage ordered by the department of funds paid, or contracted to be paid, to a person, whether those funds are documented as a separate line item or part of the overall amount paid by a buyer or lessee. Refund may include overpayments, fees paid for services not rendered, and payments made for products not delivered.

Source Note: The provisions of this §215.504 adopted to be effective December 30, 2020,45 TexReg 9580