Texas Finance Code 152.202 – Currency Exchange Report
(a) A currency exchange licensee shall submit:
(1) the annual report required by § 152.107(d)(2), including a financial statement that may be audited or unaudited and that is dated as of the last day of the currency exchange licensee’s fiscal year that ended in the immediately preceding calendar year;
(2) a quarterly interim financial statement and transaction report that reflects the licensee’s financial condition and currency exchange services business as of the last day of the calendar quarter to which the statement and report relate and that are prepared not later than the 45th day after the end of the calendar quarter; and
(3) any other report required by rule of the commission or reasonably requested by the commissioner to determine compliance with this chapter.
(b) A currency exchange licensee shall file the statements and reports required under this section with the commissioner as required by this chapter, by commission rule, or as requested by the commissioner.
Terms Used In Texas Finance Code 152.202
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Rule: includes regulation. See Texas Government Code 311.005
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) On written application and for good cause shown, the commissioner may extend the time for preparing or filing a statement or report required under this section.