Texas Finance Code

§ 273.501 — ANNUAL FINANCIAL STATEMENT

FI § 273.501Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES · Ch. 273. SAVINGS AND LOAN SUPPLEMENTAL FUND ACT · Art. F. ADMINISTRATIVE PROVISIONS

Statute text

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(a)Not later than April 1 of each year, the board shall submit to the commissioner an audited financial statement for the preceding calendar year, prepared in accordance with consistently applied generally accepted accounting principles.

(b)An independent certified public accountant must certify the financial statement.

(c)The commissioner may require additional necessary information.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.