What happens when a fee or penalty payment is returned for insufficient funds?

Study for the Texas DPS PSB Qualified Manager Exam. Practice with flashcards and multiple choice questions. Each question includes hints and explanations. Prepare for your exam confidently!

When a fee or penalty payment is returned due to insufficient funds, the license may be revoked. This is significant because it emphasizes the importance of maintaining financial responsibility and meeting payment obligations as part of the licensing requirements. Authorities expect that all payments associated with licenses are made in full and on time. A returned payment signals non-compliance, which can lead to serious consequences, including the potential revocation of the license in question. Keeping the license active requires adherence to such financial commitments, thereby preserving public safety and the integrity of the private security industry.

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