Section 1101.653 - Grounds For Suspension Or Revocation Of Certificate The commission may suspend or revoke a certificate of registration issued under this chapter if the certificate holder:
(1) engages in dishonest dealing, fraud, unlawful discrimination, or a deceptive act; (2) makes a misrepresentation; (4) demonstrates untrustworthiness; (5) fails to honor, within a reasonable time, a check issued to the commission after the commission has mailed a request for payment to the certificate holder's last known address according to the commission's records; (6) fails to provide to a party to a transaction a written notice prescribed by the commission that: (A) must be given before the party is obligated to sell, buy, lease, or transfer a right-of-way or easement; and (B) contains: (i) the name of the certificate holder; (ii) the certificate number; (iii) the name of the person the certificate holder represents; (iv) a statement advising the party that the party may seek representation from a lawyer or broker in the transaction; and (v) a statement generally advising the party that the right-of-way or easement may affect the value of the property; (7) directly or indirectly accepts a financial incentive to make an initial offer that the certificate holder knows or should know is lower than the adequate compensation required under the Texas Constitution; or (8) disregards or violates this chapter or a commission rule relating to certificate holders. Tex. Occ. Code § 1101.653
Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 826,Sec. 4, eff. 1/1/2022.Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. 6/1/2003.