Statutes, codes, and regulations
Texas Administrative Code
Title 7 - BANKING AND SECURITIESPart 2 - TEXAS DEPARTMENT OF BANKINGChapter 35 - CHECK VERIFICATION ENTITIES
Subchapter D - PROCEDURE FOLLOWING A CUSTOMER REPORT OF AN OFFENSE UNDER SECTIONRSA32.51, PENAL CODE
Section 35.59 - What procedures must a check verification entity maintain to prevent recommending approval of a check or similar sight order after receipt of a notification of an offense under SectionRSA32.51, Penal Code?

7 Tex. Admin. Code § 35.59

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Current through Reg. 49, No. 25; June 21, 2024
Section 35.59 - What procedures must a check verification entity maintain to prevent recommending approval of a check or similar sight order after receipt of a notification of an offense under SectionRSA32.51, Penal Code?

A check verification entity must process a notification received through the electronic notification system or pursuant to §523.052(e)(2), Business & Commerce Code, in the same manner as it processes information received from its usual sources, including information received from its business customers.

7 Tex. Admin. Code § 35.59

The provisions of this §35.59 adopted to be effective January 3, 2008, 32 TexReg 9940; amended to be effective September 9, 2010, 35 TexReg 8102