Tex. Finance Code § 16.012
GIFTS
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 16.012, GIFTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645006
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Full text
(a) Notwithstanding any other law, a financial regulatory agency may not accept a gift, grant, or donation:
(1) from a party to an enforcement action; or
(2) to pursue a specific investigation or enforcement action.
(b) A financial regulatory agency must:
(1) report each gift, grant, or donation that the agency receives as a separate item in the agency's report required under Section 16.005(b); and
(2) include with the report a statement indicating the purpose for which each gift, grant, or donation was donated and used.