Texas § FI.347.505 - PENALTY FOR FAILURE TO REGISTER
Full text of Texas The Texas Constitution § FI.347.505 — PENALTY FOR FAILURE TO REGISTER, with citation guidance and answers to common questions.
§ FI.347.505. PENALTY FOR FAILURE TO REGISTER
PENALTY FOR FAILURE TO REGISTER. (a) The commissioner may impose a penalty not to exceed $50 for failure to register as required by Section 347.451 (a). (b) The commissioner may impose a penalty not to exceed $250 for failure to renew an existing registration and submit the appropriate fee before the expiration of the period described by Section 347.451 (d). (c) The penalties provided by this section are the exclusive penalties for a violation of Section 347.451 . (d) The fact that a creditor was not registered as required by Section 347.451 when a contract was executed does not: (1) render a contract invalid or unenforceable if the contract is otherwise enforceable; or (2) subject the creditor to liability under any other law, including common law, other than the liability established by this section. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.347.505
What does The Texas Constitution § FI.347.505 cover?
Section FI.347.505 ("PENALTY FOR FAILURE TO REGISTER") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.347.505?
A common citation format is "The Texas Constitution § FI.347.505" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.347.505 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.