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Tex. Finance Code § 371.053

VERIFICATION OF APPLICANT'S NET ASSETS

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 371.053, VERIFICATION OF APPLICANT'S NET ASSETS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/647848
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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.