Texas § FI.181.107 - STATEMENTS OF CONDITION AND INCOME
Full text of Texas The Texas Constitution § FI.181.107 — STATEMENTS OF CONDITION AND INCOME, with citation guidance and answers to common questions.
§ FI.181.107. STATEMENTS OF CONDITION AND INCOME
STATEMENTS OF CONDITION AND INCOME; PENALTY. (a) Each state trust company periodically shall file with the banking commissioner a copy of its statement of condition and income. (b) The finance commission by rule may: (1) require the statement to be filed with the banking commission at the intervals the finance commission determines; (2) specify the form of the statement of condition and income, including specified confidential and public information to be in the statement; and (3) require public information in the statement to be published at the times and in the publications and locations the finance commission determines. (c) A statement of condition and income is a public record except for: (1) portions of the statement designated confidential by the banking commissioner; and (2) the statement of condition and income for a state trust company exempt under Section 182.011 or 182.019 with regard to the period during which the exemption is in effect. (d) A state trust company that fails to file a statement of condition and income on or before the date it is due is, after notice and hearing, subject to a penalty of not more than $500 a day for each day of noncompliance. Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999. Amended by: Acts 2015, 84th Leg., R.S., Ch. 250 (S.B. 875 ), Sec. 3, eff. September 1, 2015.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.181.107
What does The Texas Constitution § FI.181.107 cover?
Section FI.181.107 ("STATEMENTS OF CONDITION AND INCOME") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.181.107?
A common citation format is "The Texas Constitution § FI.181.107" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.181.107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.