Texas § OC.1051.460 - REMITTANCE OF ADMINISTRATIVE PENALTY AND INTEREST
Full text of Texas The Texas Constitution § OC.1051.460 — REMITTANCE OF ADMINISTRATIVE PENALTY AND INTEREST, with citation guidance and answers to common questions.
§ OC.1051.460. REMITTANCE OF ADMINISTRATIVE PENALTY AND INTEREST
REMITTANCE OF ADMINISTRATIVE PENALTY AND INTEREST. (a) If, after judicial review, the administrative penalty is reduced or not imposed by the court, the board shall: (1) remit the appropriate amount plus accrued interest to the person on whom the penalty is imposed, if the person paid the penalty; or (2) execute a release of the bond, if the person posted a supersedeas bond. (b) The interest remitted under Subsection (a)(1) is at the rate charged on loans to depository institutions by the New York Federal Reserve Bank. The interest shall be paid for the period beginning on the date the penalty is paid and ending on the date the penalty is remitted. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 1, eff. June 1, 2003. SUBCHAPTER J. OTHER PENALTIES AND ENFORCEMENT PROVISIONS
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § OC.1051.460
What does The Texas Constitution § OC.1051.460 cover?
Section OC.1051.460 ("REMITTANCE OF ADMINISTRATIVE PENALTY AND INTEREST") 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 § OC.1051.460?
A common citation format is "The Texas Constitution § OC.1051.460" (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 § OC.1051.460 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.