Tex. Finance Code § 371.208
This is the official text of Tex. Finance Code § 371.208, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 371.208. VERIFICATION OF NET ASSETS.
Official statutory text
If the commissioner questions the amount of a pawnbroker's net assets, the commissioner may require certification by an independent certified public accountant that:
(1) the accountant has reviewed the pawnbroker's books, other records, and transactions during the reporting year;
(2) the books and other records are maintained using generally accepted accounting principles; and
(3) the pawnbroker meets the net assets requirement of Section 371.072.
(1) the accountant has reviewed the pawnbroker's books, other records, and transactions during the reporting year;
(2) the books and other records are maintained using generally accepted accounting principles; and
(3) the pawnbroker meets the net assets requirement of Section 371.072.
Status: in_force · Read it on the official government site
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