SECTION 14.17. Electronic Information Sharing Systems and Processes

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(a) Depository agents must maintain suitable systems and processes as the comptroller may prescribe for electronic information sharing and communication. All reportable transactions effected on behalf of the depository by depository agents must be reported to the depository and integrated into the depository's records not later than 11:59:59 p.m. on the date of each transaction.
(b) The comptroller may prescribe in a depository agent agreement the transactions that are reportable under this rule.

Source Note: The provisions of this §14.17 adopted to be effective December 27, 2017, 42 TexReg 7411

                    
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