Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 16. ECONOMIC REGULATION |
PART 4. TEXAS DEPARTMENT OF LICENSING AND REGULATION |
CHAPTER 55. RULES FOR ADMINISTRATIVE SERVICES |
SUBCHAPTER F. CONTRACT MONITORING |
SECTION 55.100. Contract Monitoring Responsibilities
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(a) This section implements Government Code, §2261.202. (b) Contract monitoring shall be conducted by staff of the financial services division, subject to the oversight of the financial services division director. (c) Subject to the oversight of the financial services division director, internal auditors and staff of the financial services division shall perform any additional contract monitoring specifically directed by the audit committee of the commission, or warranted by the results of the Department's annual risk assessment. Source Note: The provisions of this §55.100 adopted to be effective March 1, 2017, 42 TexReg 674