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Tex. Parks & Wild. Code § 11.044

DISPOSITION OF INTEREST ON INVESTMENTS

Added by Acts 1993, 73rd Leg., ch. 679, Sec. 1, eff

(a) Interest received from the investment of money in all accounts of the department in charge of the comptroller shall be allocated monthly to each account in an amount proportionate to the amount of money invested from the account.

(b) The comptroller may retain from the interest to be allocated monthly an amount equal to the necessary administrative costs of making the allocations.

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