Texas Finance Code

§ 97.006 — EXAMINATIONS

FI § 97.006Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 97. HOLDING COMPANIES · Art. A. GENERAL PROVISIONS APPLICABLE TO HOLDING COMPANIES

Statute text

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(a)The commissioner may require an examination of a holding company and each subsidiary of a holding company.

(b)The holding company shall pay the cost of an examination.

(c)The confidentiality provisions of Subchapter H, Chapter 96, apply to this section.

(d)The commissioner may furnish examination and other reports to any appropriate governmental department, agency, or instrumentality of this state, another state, or the United States.

(e)For purposes of this section, the commissioner, if feasible, may use reports filed with or examinations made by appropriate federal agencies or regulatory authorities of other states.

(f)The commissioner may:

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Legislative history

Acts 2021, 87th Leg., R.S., Ch. 963 (S.B. 1900), Sec. 3, eff. September 1, 2021.