Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 10. GENERAL GOVERNMENT |
Subtitle G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS |
Chapter 2305. RESTITUTION FOR OIL OVERCHARGES |
Subchapter C. FINANCIAL PROVISIONS |
Sec. 2305.024. INVESTMENT OF MONEY AND DEPOSIT OF INTEREST
Latest version.
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(a) The comptroller may invest unobligated money in the account in accordance with Subchapter C, Chapter 404.
(b) The comptroller shall deposit to the credit of the account all interest or other income received from the investment of the money.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.74, eff. Sept. 1, 1997.