(a) The banking commissioner is required to establish an electronic notification system, through secure email or another secure system, to be used by a financial institution to notify check verification entities as required by §523.052, Business & Commerce Code.
(b) The department will maintain the electronic notification system for financial institutions to use to transmit the required information to check verification entities, but the department:
  (1) will not verify the accuracy, validity, or completeness of any information transmitted through the electronic notification system; and
  (2) is not furnishing the information to the check verification entities.

Source Note: The provisions of this §35.31 adopted to be effective January 3, 2008, 32 TexReg 9940; amended to be effective September 9, 2010, 35 TexReg 8102