Sec. 186.221. COURT-ORDERED AUDIT. (a) The court may order an audit of the books and records of the receiver that relate to the receivership. A report of an audit ordered under this section shall be filed with the court. The receiver shall make the books and records relating to the receivership available to the auditor as required by the court order.
(b) The receiver shall pay the expenses of an audit ordered under this section as an administrative expense.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 186 - Dissolution and Receivership
Subchapter C. Involuntary Dissolution and Liquidation
Section 186.201. Action to Close State Trust Company
Section 186.202. Notice and Effect of Closure; Appointment of Receiver
Section 186.203. Nature and Duration of Receivership
Section 186.204. Contest of Liquidation
Section 186.205. Notice of State Trust Company Closing
Section 186.207. Receiver's Title and Priority
Section 186.210. Pending Lawsuit
Section 186.212. Obtaining Record or Other Property in Possession of Other Person
Section 186.213. Injunction in Aid of Liquidation
Section 186.215. Executory Contract; Oral Agreement
Section 186.217. Employees of Receiver
Section 186.218. Disposal of Property; Settling of Claim
Section 186.219. Court Order; Notice and Hearing
Section 186.220. Receiver's Reports; Expenses
Section 186.221. Court-Ordered Audit
Section 186.222. Safe Deposits and Other Bailments
Section 186.223. Fiduciary Activities
Section 186.224. Disposition and Maintenance of Records
Section 186.225. Records Admitted
Section 186.226. Resumption of Business
Section 186.227. Assets Discovered After Close of Receivership