Tex. Gov't Code § 466.403 · Subchapter I. PRIZES
PAYMENT OF PRIZE IN INSTALLMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
If the director determines that prize money is to be paid in installments, the comptroller shall invest funds from the state lottery account as necessary to ensure the payment of the installments. The investments may be in securities, annuities, or other instruments as determined by the comptroller.
Notes and commentary — not statutory text
History
Added by Acts 1993, 73rd Leg., ch. 107, Sec. 4.03(b), eff. Aug. 30, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.21, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.466.htm
- Text hash
- sha256 ec6888119a35d387abab440118302ca2d59f902c5c18e7a2a3542a7bc03a140d
- 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 § 466.403. Each shows the citation as that text prints it.
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