Texas Occupations Code

§ 51.409 — FINANCIAL DISCLOSURE STATEMENT

OC § 51.409Title 2. GENERAL PROVISIONS RELATING TO LICENSING · Ch. 51. TEXAS DEPARTMENT OF LICENSING AND REGULATION · Art. H. LICENSE REQUIREMENTS

Statute text

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(a)The commission by rule may require a person, other than an individual, applying for a license issued by the department to submit with the license application a financial disclosure statement. The rules may require any of the following information to be disclosed based on the type of license for which the application is submitted:

(1)the name of the applicable business entity;

(2)the name of each person who has a direct financial investment in the business;

(3)the name of each person, other than an individual, who:

(A)has a financial investment in the business; and

(B)is not otherwise disclosed under Subdivision (2);

…

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 663 (H.B. 1560), Sec. 1.13, eff. September 1, 2021.