Current as of April 14, 2021 | Updated by FindLaw Staff
Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(a) A registrant shall notify the commissioner in writing not later than the 10th day after:
(1) the filing for bankruptcy or reorganization of the registrant;
(2) the filing of a criminal indictment related in any manner to the registrant's activities; or
(3) the receipt of notification of the issuance of a final order to cease and desist, a final order of the suspension or revocation of a license or registration, or another final formal or informal regulatory action taken against the registrant in this or another state.
(b) The notification required by Subsection (a)(3) must include the reasons for a final regulatory action described by that subdivision.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 158.057. Notice of Change of Registrant's Condition - last updated April 14, 2021 | https://codes.findlaw.com/tx/finance-code/fin-sect-158-057/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.