Texas Finance Code Title 2, Chapter 16 - Financial Regulatory Agencies: Self-directed And Semi-independent

• Texas Section 16.001 - Definitions
  In this chapter: (1) "Financial regulatory agency" means: (A) the Texas Department of Banking; (B) the Department of Savings and Mortgage Lending; (C) the Office...
• Texas Section 16.002 - Self-directed And Semi-independent Status Of Financial Regulatory Agencies
  Notwithstanding any other provision of law, a financial regulatory agency is self-directed and semi-independent as specified by this chapter. Any Act of the 81st Legislature...
• Texas Section 16.003 - Budget, Revenues, And Expenses
  (a) A financial regulatory agency shall submit to the policy-making body of the financial regulatory agency a budget annually using generally accepted accounting principles. Notwithstanding...
• Texas Section 16.004 - Audits
  This chapter does not affect the duty of the state auditor to audit a financial regulatory agency. The state auditor shall enter into a contract...
• Texas Section 16.005 - Records; Reporting Requirements
  (a) A financial regulatory agency shall keep financial and statistical information as necessary to disclose completely and accurately the financial condition and results of operations...
• Texas Section 16.006 - Ability To Contract
  (a) To carry out and promote the objectives of this chapter, a financial regulatory agency may enter into contracts and do all other acts incidental...
• Texas Section 16.007 - Property
  A financial regulatory agency may: (1) acquire by purchase, lease, gift, or any other manner provided by law and maintain, use, and operate any real,...
• Texas Section 16.008 - Suits
  The office of the attorney general shall represent a financial regulatory agency in any litigation. The attorney general may assess and collect from the financial...
• Texas Section 16.009 - Post-participation Liability
  (a) If a financial regulatory agency no longer has status under this chapter as a self-directed semi-independent financial regulatory agency for any reason, the agency...
• Texas Section 16.010 - Due Process; Open Government
  A financial regulatory agency is: (1) a governmental body for purposes of Chapters 551 and 552, Government Code; and (2) a state agency for purposes...
• Texas Section 16.011 - Membership In Employees Retirement System
  Employees of the financial regulatory agencies are members of the Employees Retirement System of Texas under Chapter 812, Government Code, and the agencies' transition to...
• Texas Section 16.012 - Gifts
  (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;...

Last modified: September 28, 2016