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Texas Government Code - GOV'T § 404.107. Fees

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

(a) Any fees or assessments imposed by state law for the incorporation, regulation, or operation of trust companies do not apply to the Texas Treasury Safekeeping Trust Company.

(b) A participant that has money or securities on deposit with the trust company shall pay the fees provided in the trust company's fee schedule developed under Section 404.103(f).  The trust company may:

(1) deduct a fee from the principal or earning of a participant on deposit with the trust company;  or

(2) require a participant to pay a fee from an amount not on deposit with the trust company.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 404.107. Fees - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-404-107/

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 before relying on it for your legal needs.

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