Texas Statutes (Last Updated: January 4, 2014) |
TRANSPORTATION CODE |
Title 7. VEHICLES AND TRAFFIC |
Subtitle A. CERTIFICATES OF TITLE AND REGISTRATION OF VEHICLES |
Chapter 502. REGISTRATION OF VEHICLES |
Subchapter E. ADMINISTRATION OF FEES |
Sec. 502.1983. DEPOSIT OF FEES IN INTEREST-BEARING ACCOUNT
Latest version.
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(a) Except as provided by Sections 502.1982 and 502.357, a county assessor-collector may:
(1) deposit the fees in an interest-bearing account or certificate in the county depository; and
(2) send the fees to the department not later than the 34th day after the date the fees are due under Section 502.357.
(b) The county owns all interest earned on fees deposited under this section. The county treasurer shall credit the interest to the county general fund.
Transferred, redesignated and amended from Transportation Code, Section 502.106 by Acts 2011, 82nd Leg., R.S., Ch. 1296 , Sec. 118, eff. January 1, 2012.