Current with changes from the 2024 3rd Extraordinary Session
Section 6:1388.1 - Quarterly financial reportsA. A licensee shall submit, through the NMLS, quarterly financial reports, including transactional information, within forty-five days following the close of each calendar quarter, in the form and containing such information, as the commissioner shall prescribe, including both of the following:(1) A statement of the financial condition of the licensee, including a balance sheet and income sheet, along with transactional information, all in United States currency, relating to virtual currency balances held on behalf of residents, virtual currency balances not held on behalf of residents, and other investments.(2) A certification of the financial reports by an officer or member of the board of directors, or an equivalent governing body of the licensee, attesting to the truth and correctness of such reports.B. In addition, each licensee shall submit special reports to the commissioner, at such times and in such form, as the commissioner may require. Amended by Acts 2024, No. 159,s. 1, eff. 8/1/2024.Added by Acts 2023, No. 331,s. 1, eff. 6/13/2023.