Sec. 228.301. ANNUAL REVIEW BY COMPTROLLER  


Latest version.
  • (a) The comptroller shall conduct an annual review of each certified capital company to:

    (1) ensure that the company:

    (A) continues to satisfy the requirements of this chapter; and

    (B) has not made any investment in violation of this chapter; and

    (2) determine the eligibility status of the company's qualified investments.

    (b) Each certified capital company shall pay the cost of the annual review according to a reasonable fee schedule adopted by the comptroller.

Added by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 1B.001, eff. April 1, 2009.