(a) A financial institution that is required to file a report with respect to a transaction in this state under the Currency and Foreign Transactions Reporting Act (31 U.S.C. § 5311 et seq.), 31 C.F.R. part 103, or 12 C.F.R. § 21.11, and their subsequent amendments, shall file a copy of the report with the attorney general.
(b) A financial institution that timely files the report described by Subsection (a) with the appropriate federal agency as required by federal law complies with that subsection unless the attorney general:
(1) notifies the financial institution that the report is not of a type that is regularly and comprehensively transmitted by the federal agency to the attorney general following the attorney general’s request to that agency;
(2) requests that the financial institution provide the attorney general with a copy of the report; and
(3) reimburses the financial institution for the actual cost of duplicating and delivering the report or 25 cents for each page, whichever is less.

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