Go to Previous Versions
of
this Section
2025 Texas Statutes
Finance Code
Title 2 - Financial Regulatory Agencies
Chapter 16 - Financial Regulatory Agencies: Self-Directed and Semi-Independent
Section 16.012. Gifts
Universal Citation:
TX Fin Code § 16.012 (2025)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Sec. 16.012. GIFTS. (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.
Disclaimer: These codes may not be the most recent version. Texas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
