Texas § OC.2026.003 - FINANCIAL DISCLOSURE
Full text of Texas The Texas Constitution § OC.2026.003 — FINANCIAL DISCLOSURE, with citation guidance and answers to common questions.
§ OC.2026.003. FINANCIAL DISCLOSURE
FINANCIAL DISCLOSURE. (a) The commission by rule shall require that each racetrack association that holds a license for a class 1 racetrack, class 2 racetrack, or greyhound racetrack annually file with the commission a detailed financial statement that: (1) contains the names and addresses of all stockholders, members, and owners of any interest in the racetrack; (2) indicates compliance during the filing period with Section 2025.101 ; and (3) includes any other information required by the commission. (b) Each transaction that involves an acquisition or a transfer of a pecuniary interest in the racetrack association must receive prior approval from the commission. A transaction that changes the ownership of the racetrack association requires submission of updated information of the type required to be disclosed under Section 2025.052 and payment of a fee to recover the costs of the criminal background check. Added by Acts 2017, 85th Leg., R.S., Ch. 963 (S.B. 1969 ), Sec. 1.01, eff. April 1, 2019.
Frequently Asked Questions About Texas § OC.2026.003
What does The Texas Constitution § OC.2026.003 cover?
Section OC.2026.003 ("FINANCIAL DISCLOSURE") 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 § OC.2026.003?
A common citation format is "The Texas Constitution § OC.2026.003" (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 § OC.2026.003 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.