Tex. Fin. Code § 371.053

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 371.053 - Verification of Applicant's Net Assets

If the commissioner cannot verify that an applicant meets the net assets requirement of Section 371.072, the commissioner may require a finding, including a current balance sheet, by an independent certified public accountant that:

(1) the accountant has reviewed the applicant's books and records; and

(2) the applicant meets the net assets requirement.

Tex. Fin. Code § 371.053

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.