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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) The comptroller may be the trustee of funds or property outside the treasury.
(b) The comptroller functioning as the trustee of funds or property outside the treasury may contract with the treasury to manage the funds or property in a manner similar to the management of funds in the treasury.
(c) Interest that has been and that will be accrued or earned from deposits made under a law to which this subsection applies is state funds not subject to allocation or distribution to taxing units, cities, or transportation authorities under that law. This subsection applies to:
(2) Section 403.105(d) of this code;
(3) Sections 321.501 and 321.504, Tax Code;
(4) Sections 322.301 and 322.304, Tax Code; and
(5) Sections 323.501 and 323.504, Tax Code.
Cite this article: FindLaw.com - Texas Government Code - GOV'T § 404.073. Funds Outside Treasury - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-404-073/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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