Tex. Gov't Code § 403.706 · Subchapter V. TEXAS STRATEGIC BITCOIN RESERVE
TEMPORARY TRANSFER FOR CASH MANAGEMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The comptroller may liquidate the reserve's assets and temporarily transfer money from the reserve to the state treasury if necessary for the purposes described by Section 403.092.
(b) The comptroller shall, as soon as practicable after the date of a transfer under Subsection (a), return the transferred money to the reserve along with the interest, if any, earned on the money while held in the state treasury.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 957 (S.B. 21), Sec. 2, eff. June 20, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.403.htm
- Text hash
- sha256 818f09a60ebd02d35f405e75cd753f6d30fb780de844d03e5e9056c78db1376f
- 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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