Texas Administrative Code
Title 31 - NATURAL RESOURCES AND CONSERVATION
Part 10 - TEXAS WATER DEVELOPMENT BOARD
Chapter 367 - AGRICULTURAL WATER CONSERVATION PROGRAM
Section 367.25 - Records of Custodian
Universal Citation: 31 TX Admin Code ยง 367.25
Current through Reg. 49, No. 12; March 22, 2024
(a) The custodian shall maintain a separate, accurate, and complete record relating to each pledged security and each transaction relating to a pledged security.
(b) The comptroller or the executive administrator may examine and verify at any reasonable time a pledged security or a record a custodian maintains under this section. The board or its agent may inspect at any time a pledged security evidenced by a trust receipt.
(c) The custodian shall file a collateral report with the comptroller in the manner and on the dates prescribed by the comptroller.
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