(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.
Official text of the Texas Property Code as published by the Texas Legislative Council.