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Texas Government Code - GOV'T § 2103.004. Warrants and Electronic Funds Transfers

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A warrant may not be drawn or an electronic funds transfer initiated until:

(1) the state agency from whose appropriated or unappropriated funds the warrant or electronic funds transfer is payable has submitted a voucher to the comptroller;

(2) the state agency has approved the voucher in accordance with this chapter; and

(3) the comptroller has audited and approved the voucher as required by law.

(b) A state agency's approval of a voucher includes the agency's approval of any interest that must be paid at the same time the principal amount is paid to a vendor under Chapter 2251. In this subsection, “state agency” has the meaning assigned by Section 2251.001.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2103.004. Warrants and Electronic Funds Transfers - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2103-004/

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