Texas Finance Code - Section 66.052. Additional Examinations
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§ 66.052. ADDITIONAL EXAMINATIONS. (a) The commissioner
at the association's cost shall conduct an additional examination
or audit or devote extraordinary attention to an association's
affairs if the commissioner determines that the condition of the
association makes it necessary or expedient to do so.
(b) A copy of the report of an examination or audit
conducted under this section shall be furnished promptly to the
association. The report shall be:
(1) presented to the board of the association at its
next regular meeting or at a special meeting called for purposes of
permitting the presentation of the report; and
(2) noted in the minutes of the meeting.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 65.104 65.105 65.106 65.107 66.001 66.002 66.051 66.052 66.053 66.054 66.101 66.102 66.103 66.104 66.105
Last modified: August 10, 2007
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