Texas Finance Code
§ 152.207 — RECORDS
FI § 152.207Title 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)A money services licensee shall maintain the following records for determining its compliance with this chapter for at least five years:
(1)a general ledger posted at least monthly containing all asset, liability, capital, income, and expense accounts;
(2)bank statements and bank reconciliation records;
(3)for a money transmission licensee:
(A)records of outstanding money transmission obligations;
(B)records of each outstanding money transmission obligation paid within the five-year period;
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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.