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Tex. Fin. Code § 348.511

EFFECT OF LICENSE SUSPENSION, REVOCATION, OR SURRENDER

Added by Acts 2001, 77th Leg., ch. 1235, Sec. 18, eff

(a) The suspension, revocation, or surrender of a license issued under this chapter does not affect the obligation of a contract between the license holder and a retail buyer entered into before the suspension, revocation, or surrender.

(b) Surrender of a license does not affect the license holder's civil or criminal liability for an act committed before surrender.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.