7 Tex. Admin. Code § 89.306
Required Notifications
Effective Jan 1, 202650 TexReg 8552Source Note: The provisions of this §89.306 adopted to be effective November 8, 2007, 32 TexReg 7919; amended to be effective July 5, 2012, 37 TexReg 4874; amended to be effective November 9, 2017, 42 TexReg 6131; amended to be effective January 1, 2026, 50 TexReg 8552.Texas Secretary of State
(a) Advance change notice. No later than the date of the change (or an earlier date specified in the OCCC's written instructions), a licensee must notify the OCCC of a change to any of the following information provided in the original license application:
- (1) legal name of entity;
- (2) any assumed names of entity;
- (3) legal status of entity (e.g., change in organizational form from partnership to corporation); or
- (4) names of direct owners or indirect owners;
- (5) names of affiliates or subsidiaries;
- (6) names of any key individuals;
- (7) main address; or
- (8) address of any branch location.
(b) Other required notifications. No later than 30 days after the licensee has knowledge of the information, a licensee must report the following information to the OCCC:
- (1) any civil or regulatory actions against the licensee or key individuals that were not disclosed in the original application and would require a different answer than that given in the original license application;
- (2) criminal history of the licensee or key individuals that was not disclosed in the original application;
- (3) any bankruptcy of the licensee or a direct owner; or
- (4) any breach of system security under Texas Business & Commerce Code, §521.053, affecting at least 250 residents of this state.
- (c) Contact information. Each applicant or licensee is responsible for ensuring that all contact information on file with the OCCC is current and correct, including all mailing addresses, all phone numbers, and all email addresses. The OCCC may send notices to the mailing address or email address on file. It is a best practice for licensees to regularly review contact information on file with the OCCC to ensure that it is current and correct.
Source Note:The provisions of this §89.306 adopted to be effective November 8, 2007, 32 TexReg 7919; amended to be effective July 5, 2012, 37 TexReg 4874; amended to be effective November 9, 2017, 42 TexReg 6131; amended to be effective January 1, 2026, 50 TexReg 8552.