 |
| |
 |
| |
 |
| |
 |
| <<Prev Rule | Texas Administrative Code |
Next Rule>> |
| TITLE 7 | BANKING AND SECURITIES |
| PART 2 | TEXAS DEPARTMENT OF BANKING |
| CHAPTER 35 | CHECK VERIFICATION ENTITIES |
| SUBCHAPTER D | PROCEDURE FOLLOWING A CUSTOMER REPORT OF AN OFFENSE UNDER SECTION 32.51, PENAL CODE |
| RULE §35.59 | What procedures must a check verification entity maintain to prevent recommending approval of a check or similar sight order after receipt of a notification of an offense under Section 32.51, Penal Code? |
A check verification entity must process a notification received through the electronic notification system or pursuant to §523.052(e)(2), Business & Commerce Code, in the same manner as it processes information received from its usual sources, including information received from its business customers. |
| Source Note: The provisions of this §35.59 adopted to be effective January 3, 2008, 32 TexReg 9940; amended to be effective September 9, 2010, 35 TexReg 8102 |
|
|
| |
|
| |
|
| |
|