1 Tex. Admin. Code § 97.32
A trust account established in accordance with §97.31 of this title (relating to Requirements of Trust Account) must be maintained for a period not to exceed two years after registrant has formally terminated registration and only with the approval of the Office of the Secretary of State.
Source Note:The provisions of this §97.32 adopted to be effective September 7, 1988, 13 TexReg 4233.