Tex. Fin. Code § 371.208

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

Section 371.208 - Verification of Net Assets

If the commissioner questions the amount of a pawnbroker's net assets, the commissioner may require certification by an independent certified public accountant that:

(1) the accountant has reviewed the pawnbroker's books, other records, and transactions during the reporting year;

(2) the books and other records are maintained using generally accepted accounting principles; and

(3) the pawnbroker meets the net assets requirement of Section 371.072.

Tex. Fin. Code § 371.208

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