(a) An exempt state trust company shall file a certification annually with its statement of condition and income, on a form provided by the banking commissioner, that it is maintaining the conditions and limitations of its exemption. The certification must be accompanied by a fee set by the finance commission.
(b) Repealed by Acts 2015, 84th Leg., R.S., Ch. 250 , Sec. 11(2), eff. September 1, 2015.
(c) The state trust company shall maintain records necessary to verify the certification. The records are subject to examination under Section 181.104.
Official text of the Texas Finance Code as published by the Texas Legislative Council.