Tex. Gov't Code § 2116.104 · Subchapter D. GOLD AND SILVER SPECIE AND CURRENCY
RULES.
Not yet in force
Text of section effective on May 01, 2027
Text — Current through the 89th 2nd Called Legislative Session, 2025
The comptroller shall adopt rules as necessary or convenient to implement and administer this subchapter, including rules to:
(1) provide for the security of transactions in gold and silver specie and gold and silver currency and related information;
(2) determine the value of the gold and silver currency described by Section 2116.102 at the time of a transaction or in a commercially reasonable manner;
(3) establish a fee that is reasonable and necessary to administer this subchapter;
(4) authorize and approve vendors, including financial institutions, to provide an electronic system described by Section 2116.102; and
(5) adopt policies and procedures to prevent:
(A) fraud; and
(B) transactions in gold and silver specie or gold and silver currency involving a foreign adversary, or a person associated with a foreign adversary, as determined under 15 C.F.R. Section 791.4.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 1176 (H.B. 1056), Sec. 1, eff. May 1, 2027.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2116.htm
- Text hash
- sha256 4f20d1d6cfa31cf6aac67ef00c78b15e903fa312e751b47ff4bccc43065fc63c
- 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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