Tex. Government Code § 493.0082
DISPOSITION OF CERTAIN FINANCIAL ASSETS
Texas · Texas Government Code · Status: effective
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- Citation
- Tex. Government Code § 493.0082, DISPOSITION OF CERTAIN FINANCIAL ASSETS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/655282
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Full text
(a) All money and other financial assets collected or received by the department shall be deposited:
(1) in the general revenue fund of the state treasury;
(2) in trust with the comptroller; or
(3) in a local bank account on approval by the comptroller.
(b) For purposes of this section, a financial asset collected or received by the department includes:
(1) an asset held outside the state treasury; or
(2) an asset held in trust by the department, such as money held in an inmate or employee trust account or in an education and recreation account.