Sec. 97.002. REGISTRATION. (a) A holding company shall register with the commissioner, on a form prescribed by the commissioner, not later than the 90th day after the date the company becomes a holding company.
(b) The registration must include information, including information on related matters the commissioner determines is necessary and appropriate, regarding the holding company's and its subsidiaries':
(1) financial condition;
(2) ownership;
(3) operations;
(4) management; and
(5) intercompany relations.
(c) The commissioner may require the registration to be under oath.
(d) On application, the commissioner may extend the time limit under Subsection (a).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
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