Tex. Gov't Code § 2116.052

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2116.052 - Electronic Information Sharing Systems and Processes

The comptroller by rule shall require a depository agent to maintain suitable systems and processes for electronic information sharing and communication with the comptroller and the depository to ensure that all transactions effected on behalf of the depository are reported to and integrated into the depository's records not later than 11:59:59 p.m. on the date of each transaction.

Tex. Gov't. Code § 2116.052

Added by Acts 2015, Texas Acts of the 84th Leg. - Regular Session, ch. 1000,Sec. 1, eff. 6/19/2015.