Tex. Fin. Code § 152.201 · Subchapter E. REPORTING AND RECORDS
MONEY TRANSMISSION REPORT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each money transmission licensee shall submit a report of condition not later than the 45th day after the end of the calendar quarter, or within an extended time as the commissioner may prescribe.
(b) The report of condition must include:
(1) the licensee's financial information;
(2) nationwide and state-specific money transmission services transaction information in every jurisdiction in the United States where the licensee is licensed to engage in money transmission;
(3) a report on the licensee's permissible investments;
(4) transaction destination country reporting for money received for transmission, if applicable; and
(5) any other information the commissioner reasonably requires with respect to the licensee.
(c) The commissioner may:
(1) use the NMLS for the submission of the report required by this section; and
(2) change or update the requirements of this section as necessary to carry out the purposes of this chapter and maintain consistency with NMLS reporting.
(d) The information required by Subsection (b)(4) may only be included in a report of condition submitted not later than the 45th day after the end of the fourth calendar quarter.
Notes and commentary — not statutory text
History
Added by Acts 2023, 88th Leg., R.S., Ch. 277 (S.B. 895), Sec. 1.01, eff. September 1, 2023.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.152.htm
- Text hash
- sha256 f17ed29ea43dba0621290580b9d2b33624e05903eea933004ae128c56aca859c
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.