Texas § IN.823.012 - RULES
Full text of Texas The Texas Constitution § IN.823.012 — RULES, with citation guidance and answers to common questions.
§ IN.823.012. RULES
RULES; PROCEDURES FOR CONSIDERING CERTAIN DISTRIBUTIONS. (a) The commissioner may, after notice and opportunity for all interested persons to be heard, adopt rules and issue orders to implement this chapter, including the conducting of business and proceedings under this chapter. (b) The commissioner by rule shall establish procedures to: (1) promptly consider the prepayment notices reported under Section 823.053 (b); (2) annually review each reported ordinary dividend paid within the 12 months preceding the date of the report; and (3) take appropriate actions authorized by this code. (c) A procedure established under Subsection (b)(1) must include consideration of the factors provided by Section 823.008 . (d) A rule or order under this section must be consistent with this chapter. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Frequently Asked Questions About Texas § IN.823.012
What does The Texas Constitution § IN.823.012 cover?
Section IN.823.012 ("RULES") 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 § IN.823.012?
A common citation format is "The Texas Constitution § IN.823.012" (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 § IN.823.012 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.