§ 13.008. FEES, REVENUE, AND EXPENSES; AUDIT. (a) The finance commission shall establish reasonable and necessary fees for the administration of Subtitles B and C, Title 3, and Chapters 156 and 157, and for the support of the finance commission as provided by Subchapter C, Chapter 11. In establishing the reasonable and necessary fees for the administration of Chapters 156 and 157, the commissioner and the finance commission may not exceed the limit on the fees set forth in those chapters. (b) The savings and loan commissioner shall: (1) collect all fees, penalties, charges, and revenue required to be paid by state savings associations and savings banks; and (2) periodically submit to the finance commission, as directed by the finance commission, a complete report of the receipts and expenditures of the Savings and Loan Department. (c) The cost of an audit of the financial transactions of the Savings and Loan Department under Chapter 321, Government Code, shall be paid to the state auditor from the money of the Savings and Loan Department. Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, § 16, eff. Sept. 1, 2001; Acts 2005, 79th Leg., ch. 1018, § 3.03, eff. Sept. 1, 2005.

Section: Previous 13.0015 13.002 13.003 13.004 13.005 13.006 13.007 13.008 13.009 13.010 13.011 13.012 13.013 13.014 13.015 Next

Last modified: August 10, 2007