Texas § 2116.052 ELECTRONIC INFORMATION SHARING SYSTEMS AND PROCESSES.

Texas Statutes

§ 2116.052 — ELECTRONIC INFORMATION SHARING SYSTEMS AND PROCESSES.

Texas § 2116.052

Code GVGovernment Code

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Bluebook

Tex. Government Code Code Ann. § 2116.052 (2026).

Text

Sec. 2116.052. ELECTRONIC INFORMATION SHARING SYSTEMS AND PROCESSES. The comptroller by rule shall require a depository agent to maintain suitable systems and processes for electronic information sharing and communication with the comptroller and the depository to ensure that all transactions effected on behalf of the depository are reported to and integrated into the depository's records not later than 11:59:59 p.m. on the date of each transaction.

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Sec. 2116.052. ELECTRONIC INFORMATION SHARING SYSTEMS AND PROCESSES. The comptroller by rule shall require a depository agent to maintain suitable systems and processes for electronic information sharing and communication with the comptroller and the depository to ensure that all transactions effected on behalf of the depository are reported to and integrated into the depository's records not later than 11:59:59 p.m. on the date of each transaction.