No license, registration, security officer commission or school approval shall be issued or renewed unless the licensee, registrant or commissioned security officer is in good standing with the board. Good standing includes, but is not limited to, compliance with Chapter 1702, Texas Occupations Code and these rules, no default on a student loan with the Texas Guaranteed Student Loan Corporation, a good standing of account status with the Comptroller of Public Accounts, and the payment in full of all administrative penalties assessed against the licensee, registrant, school or commissioned security officer. The manager has the discretion to waive the payment in full of all administrative penalties requirement for license renewal.

Source Note:The provisions of this §35.14 adopted to be effective October 21, 2004, 29 TexReg 9686.