Texas Finance Code
§ 152.201 — MONEY TRANSMISSION REPORT
FI § 152.201Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 152. REGULATION OF MONEY SERVICES BUSINESSES · Art. E. REPORTING AND RECORDS
Statute text
View on source(a)Each money transmission licensee shall submit a report of condition not later than the 45th day after the end of the calendar quarter, or within an extended time as the commissioner may prescribe.
(b)The report of condition must include:
(1)the licensee's financial information;
(2)nationwide and state-specific money transmission services transaction information in every jurisdiction in the United States where the licensee is licensed to engage in money transmission;
(3)a report on the licensee's permissible investments;
(4)transaction destination country reporting for money received for transmission, if applicable; and
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Legislative history
Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.