Tex. Gov't Code § 404.069 · Subchapter E. GENERAL DUTIES
TRUST FUNDS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) All money and securities deposited with the comptroller in trust for any legal purpose may be received by the comptroller as provided by Section 403.052. The money or securities shall be held in trust by the comptroller in the same manner as the departmental suspense account. Except as provided by Section 403.0271, the money may be withdrawn only on a warrant drawn or an electronic funds transfer initiated by the comptroller. The securities may be withdrawn only by withdrawal authorization.
(b) Money received in trust or for any legal purpose that is placed in a suspense account or fund shall be handled by the comptroller in the same manner as items deposited in the departmental suspense account.
(c) Adequate registers, ledgers, and files shall be maintained by the comptroller to account for the receiving and disposing of trust and suspense money and securities. Those registers, ledgers, and files shall be known as the trust and suspense record.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1989, 71st Leg., ch. 207, Sec. 31, eff. Sept. 1, 1989; Acts 1997, 75th Leg., ch. 1423, Sec. 7.64, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 1467, Sec. 1.21, eff. June 19, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.404.htm
- Text hash
- sha256 e7def20228467c9c1637f759915d4e386117aaec6f10516ad22504a954b87e34
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 6 provisions
Provisions in this library whose text cites Tex. Gov't Code § 404.069. Each shows the citation as that text prints it.
Government Code
- Tex. Gov't Code § 403.0551DEDUCTIONS FOR REPAYMENT OF CERTAIN DEBTS OR TAX DELINQUENCIES.Printed as Section 404.046, 404.069, or 2103.003
- Tex. Gov't Code § 666.002RECOVERY AUTHORIZATION.Printed as Section 404.046, 404.069, or 2103.003
- Tex. Gov't Code § 2103.0035STATE AGENCY SPENDING OF UNAPPROPRIATED FUNDS.Printed as Section 404.046 or 404.069
- Tex. Gov't Code § 2107.008PAYMENTS TO DEBTORS OR DELINQUENTS PROHIBITED.Printed as Section 404.046, 404.069, or 2103.003
- Tex. Gov't Code § 2252.903CONTRACTING WITH PERSONS WHO HAVE CERTAIN DEBTS OR DELINQUENCIES.Printed as Section 404.046, 404.069, or 2103.003
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.