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2025 Texas Statutes
Government Code
Title 4 - Executive Branch
Subtitle A - Executive Officers
Chapter 404 - State Treasury Operations of Comptroller
Subchapter E. General Duties
Section 404.049. Money in Treasury
Universal Citation:
TX Govt Code § 404.049 (2025)
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Sec. 404.049. MONEY IN TREASURY. Money received by the comptroller as trustee of funds in the treasury shall be kept in the treasury. The comptroller may not keep or receive into the treasury money, or the representative of money, belonging to an individual except as provided by law. The comptroller may not appropriate to the comptroller's own use or lend, sell, or exchange money, or the representative of money, in the comptroller's custody or control.
Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 7.47, eff. Sept. 1, 1997.
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