Tex. Gov't Code § 2257.105 · Subchapter F. POOLED COLLATERAL TO SECURE DEPOSITS OF CERTAIN PUBLIC FUNDS
MONITORING COLLATERAL.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Each participating institution shall file the following reports with the comptroller electronically and as prescribed by rules of the comptroller:
(1) a daily report of the aggregate ledger balance of deposits of public agencies participating in the pooled collateral program that are held by the institution, with each public entity's funds held itemized;
(2) a weekly summary report of the total market value of securities held by a custodian trustee on behalf of the participating institution;
(3) a monthly report listing the collateral securities held by a custodian trustee on behalf of the participating institution, together with the value of the securities; and
(4) as applicable, a participating institution's annual report that includes the participating institution's financial statements.
(b) The comptroller shall provide the participating institution an acknowledgment of each report received.
(c) The comptroller shall provide a daily report of the market value of the securities held in each pool.
(d) The comptroller shall post each report on the comptroller's Internet website.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 486 (S.B. 638), Sec. 1, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2257.htm
- Text hash
- sha256 105cd777443b2d5104774787acc08c91441c3dd808a71c43659ecce988843f5d
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Gov't Code § 2257.105. Each shows the citation as that text prints it.
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