Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle F. TRUST COMPANIES |
Chapter 186. DISSOLUTION AND RECEIVERSHIP |
Subchapter C. INVOLUNTARY DISSOLUTION AND LIQUIDATION |
Sec. 186.221. COURT-ORDERED AUDIT
Latest version.
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(a) The court may order an audit of the books and records of the receiver that relate to the receivership. A report of an audit ordered under this section shall be filed with the court. The receiver shall make the books and records relating to the receivership available to the auditor as required by the court order.
(b) The receiver shall pay the expenses of an audit ordered under this section as an administrative expense.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.