Texas § 16.012 GIFTS.

Texas Statutes

§ 16.012 — GIFTS.

Texas § 16.012

Code FIFinance Code

This text of Texas § 16.012 (GIFTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 16.012 (2026).

Text

Sec. 16.012. GIFTS.

(a)Notwithstanding any other law, a financial regulatory agency may not accept a gift, grant, or donation:

(1)from a party to an enforcement action; or

(2)to pursue a specific investigation or enforcement action.

(b)A financial regulatory agency must:

(1)report each gift, grant, or donation that the agency receives as a separate item in the agency's report required under Section 16.005 (b); and

(2)include with the report a statement indicating the purpose for which each gift, grant, or donation was donated and used.

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Sec. 16.012. GIFTS. (a) Notwithstanding any other law, a financial regulatory agency may not accept a gift, grant, or donation:
(1) from a party to an enforcement action; or
(2) to pursue a specific investigation or enforcement action.
(b) A financial regulatory agency must:
(1) report each gift, grant, or donation that the agency receives as a separate item in the agency's report required under Section 16.005 (b); and
(2) include with the report a statement indicating the purpose for which each gift, grant, or donation was donated and used.