Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle E. OTHER FINANCIAL BUSINESSES |
Chapter 155. BOND INVESTMENT COMPANIES |
Sec. 155.006. RETURN OF DEPOSIT
Latest version.
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The comptroller shall return a deposit of cash or securities made under this chapter to a bond investment company if:
(1) the company ceases to do business in this state; and
(2) the comptroller and the attorney general find that the company does not have any liabilities in this state.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.