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Tex. Fin. Code § 371.053

VERIFICATION OF APPLICANT'S NET ASSETS

Known as the Texas Pawnshop Act

The act spans §§ 371–371 (95 sections).

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff

If the commissioner cannot verify that an applicant meets the net assets requirement of Section 371.072, the commissioner may require a finding, including a current balance sheet, by an independent certified public accountant that:

(1) the accountant has reviewed the applicant's books and records; and

(2) the applicant meets the net assets requirement.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.