Texas Finance Code
§ 16.005 — RECORDS; REPORTING REQUIREMENTS
FI § 16.005Title 2. FINANCIAL REGULATORY AGENCIES · Ch. 16. FINANCIAL REGULATORY AGENCIES: SELF-DIRECTED AND SEMI-INDEPENDENT
Statute text
View on source(a)A financial regulatory agency shall keep financial and statistical information as necessary to disclose completely and accurately the financial condition and results of operations of the agency.
(b)Before the beginning of each regular session of the legislature, each financial regulatory agency shall submit to the legislature and the governor a report describing all of the agency's activities in the previous biennium. The report must include:
(1)an audit as required by Section 16.004;
(2)a financial report of the previous fiscal year, including reports on financial condition and results of operations;
(3)a description of all changes in fees imposed on regulated industries;
(4)a report on changes in the regulatory jurisdiction of the agency, including the number of chartered financial institutions, license holders, and registrants subject to the agency's jurisdiction and any changes in those figures; and
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Legislative history
Added by Acts 2009, 81st Leg., R.S., Ch. 1317 (H.B. 2774), Sec. 28(a), eff. September 1, 2009.