16 Tex. Admin. Code § 77.43 - Financial Security - Minimum Net Worth

A provider that maintains, or has a parent company maintain, a net worth or stockholder's equity of at least $100 million to comply with the financial security requirements of Texas Occupations Code § 1304.151, will not be allowed to obtain or renew a registration unless the provider gives the department audited financial statements as described under §1304.151(c) and (d) or information for accessing and viewing the proof of net worth online.

Notes

16 Tex. Admin. Code § 77.43
The provisions of this §77.43 adopted to be effective November 16, 2009, 34 TexReg 7791

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