Bill Text: TX SB1918 | 2017-2018 | 85th Legislature | Introduced
Bill Title: Relating to the issuance and enforcement of a subpoena during the course of an investigation of a residential mortgage loan servicer.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2017-03-23 - Referred to Business & Commerce [SB1918 Detail]
Download: Texas-2017-SB1918-Introduced.html
85R5939 CLG-F | ||
By: Buckingham | S.B. No. 1918 |
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relating to the issuance and enforcement of a subpoena during the | ||
course of an investigation of a residential mortgage loan servicer. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter C, Chapter 158, Finance Code, is | ||
amended by adding Section 158.1045 to read as follows: | ||
Sec. 158.1045. ISSUANCE AND ENFORCEMENT OF SUBPOENA. (a) | ||
During an investigation, the commissioner may issue a subpoena that | ||
is addressed to a peace officer of this state or other person | ||
authorized by law to serve citation or perfect service. The | ||
subpoena may require a person to give a deposition, produce | ||
documents, or both. | ||
(b) If a person disobeys a subpoena or if a person appearing | ||
in a deposition in connection with the investigation refuses to | ||
testify, the commissioner may petition a district court in Travis | ||
County to issue an order requiring the person to obey the subpoena, | ||
testify, or produce documents relating to the matter. The court | ||
shall promptly set an application to enforce a subpoena issued | ||
under Subsection (a) for hearing and shall cause notice of the | ||
application and the hearing to be served on the person to whom the | ||
subpoena is directed. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2017. |