(a) An assurance of voluntary compliance is not an admission of a violation of:
(1) this chapter or a rule adopted under this chapter;
(2) Chapter 393 with respect to a credit access business or Chapter 394; or
(3) Subtitle B, Title 4, or a rule adopted under Subtitle B, Title 4.
(b) Unless an assurance of voluntary compliance is rescinded by agreement or voided by a court for good cause, a subsequent failure to comply with the assurance is prima facie evidence of a violation of:
(1) this chapter or a rule adopted under this chapter;
(2) Chapter 393 with respect to a credit access business or Chapter 394; or
(3) Subtitle B, Title 4, or a rule adopted under Subtitle B, Title 4.
Official text of the Texas Finance Code as published by the Texas Legislative Council.