{"data":{"id":"us-tx/tex.-finance-code-152.304","jurisdiction":"us-tx","citation":"Tex. Finance Code § 152.304","heading":"DISCLOSURES FOR PAYROLL PROCESSING SERVICES.","body":"(a) A money transmission licensee that provides payroll processing services shall:\n(1) issue reports to clients detailing client payroll obligations in advance of the payroll funds being deducted from an account; and\n(2) make available worker pay stubs or an equivalent statement to workers.\n(b) Subsection (a) does not apply to a money transmission licensee providing payroll processing services where the licensee's client designates the intended recipients to the licensee and is responsible for providing the disclosures required by Subsection (a)(2).\nAdded by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE E. OTHER FINANCIAL BUSINESSES","CHAPTER 152. REGULATION OF MONEY SERVICES BUSINESSES","SUBCHAPTER G. GENERAL DUTIES AND RESTRICTIONS FOR MONEY TRANSMISSION LICENSEE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.152.htm#152.304","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"cb1810a23103e096d465c5c9905ab1a4224aacef16dafc075af35ea1bdaf7861","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-152.303","next":"us-tx/tex.-finance-code-152.305"},"notice":"GroundRules: Original legal text. Not legal advice."}
