Public-domain · open source
OpenJurist

Tex. Loc. Gov't Code § 133.053

INTEREST-BEARING ACCOUNT

Added by Acts 2003, 78th Leg., ch. 209, Sec. 62(a), eff

(a) The treasurer may deposit fees in an interest-bearing account.

(b) The municipality or county may retain any interest accrued on the money the treasurer deposited in the treasury if the treasurer remits the funds to the comptroller within the period prescribed by Section 133.055(a).

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