Section 181.107 - Statements of Condition and Income; Penalty(a) Each state trust company periodically shall file with the banking commissioner a copy of its statement of condition and income.(b) The finance commission by rule may: (1) require the statement to be filed with the banking commission at the intervals the finance commission determines;(2) specify the form of the statement of condition and income, including specified confidential and public information to be in the statement; and(3) require public information in the statement to be published at the times and in the publications and locations the finance commission determines.(c) A statement of condition and income is a public record except for:(1) portions of the statement designated confidential by the banking commissioner; and(2) the statement of condition and income for a state trust company exempt under Section 182.011 or 182.019 with regard to the period during which the exemption is in effect.(d) A state trust company that fails to file a statement of condition and income on or before the date it is due is, after notice and hearing, subject to a penalty of not more than $500 a day for each day of noncompliance.Amended by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 250,Sec. 3, eff. 9/1/2015.Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. 9/1/1999.