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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) On the date the court's judgment that an administrative penalty against a person should be reduced or not assessed becomes final, the court shall order that:
(1) the appropriate amount of any penalty payment plus accrued interest be remitted to the person not later than the 30th day after that date; or
(2) the bond be released, if a supersedeas bond has been posted.
(b) Accrued interest on amounts remitted by the department shall be paid:
(1) at a rate equal to the rate charged on loans to depository institutions by the New York Federal Reserve Bank; and
(2) for the period beginning on the date the penalty is paid to the department under Section 401.389(a) and ending on the date the penalty is remitted.
Cite this article: FindLaw.com - Texas Health and Safety Code - HEALTH & SAFETY § 401.390. Remitting Penalty Payments; Releasing Bonds - last updated January 01, 2024 | https://codes.findlaw.com/tx/health-and-safety-code/health-safety-sect-401-390/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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