(a) A holder commits an offense if the holder wilfully violates this chapter, including:
(1) failing to file a report in accordance with this chapter;
(2) failing to pay or deliver property in accordance with this chapter; or
(3) refusing to permit examination of records in accordance with this chapter.
(b) An offense under this section is a Class B misdemeanor.

Attorney's Note

Under the Texas Codes, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Class B misdemeanorup to 180 daysup to $2,000
For details, see Texas Penal Code § 12.22

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Terms Used In Texas Property Code 74.710