Sec. 503.407.  REFUND.  (a)  Subject to Subsection (b), the executive council may order a license holder to pay a refund to a consumer as provided in an agreement resulting from an informal settlement conference instead of or in addition to imposing an administrative penalty under Subchapter H, Chapter 507.
(b)  The amount of a refund ordered as provided in an agreement resulting from an informal settlement conference may not exceed the amount the consumer paid to the license holder for a service regulated by this chapter.  The executive council may not require payment of other damages or estimate harm in a refund order.
Added by Acts 2005, 79th Leg., Ch. 561 (H.B. 1283), Sec. 22, eff. September 1, 2005.
Amended by: 
Acts 2019, 86th Leg., R.S., Ch. 768 (H.B. 1501), Sec. 2.080, eff. September 1, 2019.