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Tex. Gov't Code § 2257.064

REINSTATEMENT

Known as the Public Funds Collateral Act

The act spans §§ 2257.001 to 2257.114 (41 sections).

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff

The comptroller may reinstate a depository's designation as a state depository if:

(1) the comptroller determines that the depository has remedied all violations of this chapter; and

(2) the depository assures the comptroller to the comptroller's satisfaction that the depository will maintain reasonable compliance with this chapter.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.