Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2257 - Collateral for Public Funds

Subchapter A. General Provisions

Section 2257.001. Short Title - Sec. 2257.001. SHORT TITLE. This chapter may be cited as...

Section 2257.002. Definitions - Sec. 2257.002. DEFINITIONS. In this chapter: (1) "Bank holding company"...

Section 2257.0025. High-Risk Mortgage Security - Sec. 2257.0025. HIGH-RISK MORTGAGE SECURITY. (a) For purposes of this...

Section 2257.003. Chapter Not Applicable to Deferred Compensation Plans - Sec. 2257.003. CHAPTER NOT APPLICABLE TO DEFERRED COMPENSATION PLANS. This...

Section 2257.004. Conflict With Other Law - Sec. 2257.004. CONFLICT WITH OTHER LAW. This chapter prevails over...

Section 2257.005. Contract Governs Legal Action - Sec. 2257.005. CONTRACT GOVERNS LEGAL ACTION. A legal action brought...

Subchapter B. Depository; Security for Deposit of Public Funds

Section 2257.021. Collateral Required - Sec. 2257.021. COLLATERAL REQUIRED. A deposit of public funds shall...

Section 2257.022. Amount of Collateral - Sec. 2257.022. AMOUNT OF COLLATERAL. (a) Except as provided by...

Section 2257.023. Collateral Policy - Sec. 2257.023. COLLATERAL POLICY. (a) In accordance with a written...

Section 2257.024. Contract for Securing Deposit of Public Funds - Sec. 2257.024. CONTRACT FOR SECURING DEPOSIT OF PUBLIC FUNDS. (a)...

Section 2257.025. Records of Depository - Sec. 2257.025. RECORDS OF DEPOSITORY. (a) A public entity's depository...

Section 2257.026. Change in Amount or Activity of Deposits of Public Funds - Sec. 2257.026. CHANGE IN AMOUNT OR ACTIVITY OF DEPOSITS OF...

Subchapter C. Custodian; Permitted Institution

Section 2257.041. Deposit of Securities With Custodian - Sec. 2257.041. DEPOSIT OF SECURITIES WITH CUSTODIAN. (a) In addition...

Section 2257.042. Deposit of Securities With Permitted Institution - Sec. 2257.042. DEPOSIT OF SECURITIES WITH PERMITTED INSTITUTION. (a) A...

Section 2257.043. Depository as Custodian or Permitted Institution - Sec. 2257.043. DEPOSITORY AS CUSTODIAN OR PERMITTED INSTITUTION. (a) A...

Section 2257.044. Custodian as Bailee - Sec. 2257.044. CUSTODIAN AS BAILEE. (a) A custodian under this...

Section 2257.045. Receipt of Security by Custodian - Sec. 2257.045. RECEIPT OF SECURITY BY CUSTODIAN. (a) On receipt...

Section 2257.046. Books and Records of Custodian; Inspection - Sec. 2257.046. BOOKS AND RECORDS OF CUSTODIAN; INSPECTION. (a) A...

Section 2257.047. Books and Records of Permitted Institution - Sec. 2257.047. BOOKS AND RECORDS OF PERMITTED INSTITUTION. (a) A...

Section 2257.048. Attachment and Perfection of Security Interest - Sec. 2257.048. ATTACHMENT AND PERFECTION OF SECURITY INTEREST. (a) A...

Subchapter D. Audits and Examinations; Penalties

Section 2257.061. Audits and Examinations - Sec. 2257.061. AUDITS AND EXAMINATIONS. As part of an audit...

Section 2257.062. Penalties - Sec. 2257.062. PENALTIES. (a) The comptroller may revoke a depository's...

Section 2257.063. Mitigating Circumstances - Sec. 2257.063. MITIGATING CIRCUMSTANCES. (a) The comptroller shall consider the...

Section 2257.064. Reinstatement - Sec. 2257.064. REINSTATEMENT. The comptroller may reinstate a depository's designation...

Subchapter E. Exempt Institutions

Section 2257.081. Definition - Sec. 2257.081. DEFINITION. In this subchapter, "exempt institution" means: (1)...

Section 2257.082. Funds of Exempt Institution - Sec. 2257.082. FUNDS OF EXEMPT INSTITUTION. An exempt institution is...

Section 2257.083. Investment; Selection of Depository - Sec. 2257.083. INVESTMENT; SELECTION OF DEPOSITORY. This chapter does not:...

Subchapter F. Pooled Collateral to Secure

Section 2257.101. Definition - Sec. 2257.101. DEFINITION. In this subchapter, "participating institution" means a...

Section 2257.102. Pooled Collateral Program - Sec. 2257.102. POOLED COLLATERAL PROGRAM. (a) As an alternative to...

Section 2257.103. Participation in Pooled Collateral Program - Sec. 2257.103. PARTICIPATION IN POOLED COLLATERAL PROGRAM. A financial institution...

Section 2257.104. Collateral Required; Custodian Trustee - Sec. 2257.104. COLLATERAL REQUIRED; CUSTODIAN TRUSTEE. (a) Each participating institution...

Section 2257.105. Monitoring Collateral - Sec. 2257.105. MONITORING COLLATERAL. (a) Each participating institution shall file...

Section 2257.106. Annual Assessment - Sec. 2257.106. ANNUAL ASSESSMENT. (a) Once each state fiscal year,...

Section 2257.107. Penalty for Reporting Violation - Sec. 2257.107. PENALTY FOR REPORTING VIOLATION. The comptroller may impose...

Section 2257.108. Notice of Collateral Violation; Administrative Penalty - Sec. 2257.108. NOTICE OF COLLATERAL VIOLATION; ADMINISTRATIVE PENALTY. (a) The...

Section 2257.109. Penalty for Failure to Pay Assessment - Sec. 2257.109. PENALTY FOR FAILURE TO PAY ASSESSMENT. The comptroller...

Section 2257.110. Penalty Amount; Penalties Not Exclusive - Sec. 2257.110. PENALTY AMOUNT; PENALTIES NOT EXCLUSIVE. (a) The comptroller...

Section 2257.111. Penalty Proceeding Contested Case - Sec. 2257.111. PENALTY PROCEEDING CONTESTED CASE. A proceeding to impose...

Section 2257.112. Suit to Collect Penalty - Sec. 2257.112. SUIT TO COLLECT PENALTY. The attorney general may...

Section 2257.113. Enforcement Stayed Pending Review - Sec. 2257.113. ENFORCEMENT STAYED PENDING REVIEW. Enforcement of a penalty...

Section 2257.114. Use of Collected Penalties - Sec. 2257.114. USE OF COLLECTED PENALTIES. Money collected as penalties...