Texas Statutes
Subchapter E. Inspections and Examinations
Section 371.208. Verification of Net Assets

Sec. 371.208. VERIFICATION OF NET ASSETS. If the commissioner questions the amount of a pawnbroker's net assets, the commissioner may require certification by an independent certified public accountant that:
(1) the accountant has reviewed the pawnbroker's books, other records, and transactions during the reporting year;
(2) the books and other records are maintained using generally accepted accounting principles; and
(3) the pawnbroker meets the net assets requirement of Section 371.072.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

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