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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 16.012: GIFTS.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 2. FINANCIAL REGULATORY AGENCIES
  3. CHAPTER 16. FINANCIAL REGULATORY AGENCIES: SELF-DIRECTED AND SEMI-INDEPENDENT

(a) Notwithstanding any other law, a financial regulatory agency may not accept a gift, grant, or donation:

(1) from a party to an enforcement action; or

(2) to pursue a specific investigation or enforcement action.

(b) A financial regulatory agency must:

(1) report each gift, grant, or donation that the agency receives as a separate item in the agency's report required under Section 16.005(b); and

(2) include with the report a statement indicating the purpose for which each gift, grant, or donation was donated and used.

Added by Acts 2009, 81st Leg., R.S., Ch. 1317 (H.B. 2774), Sec. 28(a), eff. September 1, 2009.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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