- (a) A holding company shall register with the commissioner, on a form prescribed by the commissioner, not later than the 90th day after the date the company becomes a holding company.
(b) The registration must include information, including information on related matters the commissioner determines is necessary and appropriate, regarding the holding company's and its subsidiaries':
- (1) financial condition;
- (2) ownership;
- (3) operations;
- (4) management; and
- (5) intercompany relations.
- (c) The commissioner may require the registration to be under oath.
- (d) On application, the commissioner may extend the time limit under Subsection (a).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.