Tex. Est. Code § 1355.051 · Subchapter B. ADMINISTRATION OF MONEY
INVESTMENT OF MONEY BY CLERK.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On receipt of a payment under Section 1355.001, the county clerk shall invest the money as authorized under this title under court order in the name and for the account of the minor or other person entitled to the money.
(b) The county clerk shall credit any increase, dividend, or income from an investment made under this chapter to the account of the minor or other person entitled to the investment.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1355.htm
- Text hash
- sha256 3b42d22411194682a67fe0fb1caa25cdac3a61cd6e8b5a4dd3a9f614cf46b2f2
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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