Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 31.108 - Call Report; Penalty(a) A state bank shall file with the banking commissioner a copy of its call report stating the bank's financial condition and results of operation.(b) The finance commission by rule may: (1) require call reports to be filed with the banking commissioner at the intervals the commission determines;(2) specify the form of a call report, including the confidential and public information to be in the call report; and(3) require public information in call reports of state banks to be published at the times and in the publications and locations the commission determines.(c) A state bank that fails to timely file its call report as required by this section is subject to a penalty not exceeding $500 a day to be collected by suit by the attorney general on behalf of the banking commissioner. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.