Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
(a) Notwithstanding any other law, a financial regulatory agency may not accept a gift, grant, or donation:(1) from a party to an enforcement action; or(2) to pursue a specific investigation or enforcement action.(b) A financial regulatory agency must: (1) report each gift, grant, or donation that the agency receives as a separate item in the agency's report required under Section 16.005(b); and(2) include with the report a statement indicating the purpose for which each gift, grant, or donation was donated and used.Added by Acts 2009, 81st Leg., R.S., Ch. 1317, Sec. 28(a), eff. 9/1/2009.