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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The commissioner shall deposit all initial and supplemental deposits received under this subchapter to the credit of a separate trust account in the state treasury. The comptroller, on the commissioner's order, shall make disbursements from that account for purposes authorized by this subchapter.
(b) After proceedings on a vacancy application are concluded and all expenditures authorized under this subchapter are paid, the commissioner shall provide to the applicant a complete statement of all deposits and expenditures and shall remit to the applicant any balance remaining from the deposit or supplemental deposits made by the applicant.
Cite this article: FindLaw.com - Texas Natural Resources Code - NAT RES § 51.179. Disposition of Deposits - last updated January 01, 2024 | https://codes.findlaw.com/tx/natural-resources-code/nat-res-sect-51-179/
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