Sec. 11.044. DISPOSITION OF INTEREST ON INVESTMENTS. (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.
Added by Acts 1993, 73rd Leg., ch. 679, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 17.02, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 2 - Parks and Wildlife Department
Chapter 11 - Parks and Wildlife Department
Subchapter C. Special Accounts
Section 11.031. Game, Fish, and Water Safety Account
Section 11.032. Game, Fish, and Water Safety Account; Sources
Section 11.033. Use of Game, Fish, and Water Safety Account
Section 11.034. Game, Fish, and Water Safety Account Expenditures
Section 11.035. State Parks Account
Section 11.037. State Land and Water Conservation Account
Section 11.038. Operating Account
Section 11.040. Mistaken Deposit
Section 11.041. Transfer of Property
Section 11.042. Funds Deposited in Treasury
Section 11.043. Texas Parks and Wildlife Conservation and Capital Account
Section 11.044. Disposition of Interest on Investments
Section 11.045. Application of Other Law
Section 11.046. Off-Highway Vehicle Trail and Recreational Area Account
Section 11.047. Use of Off-Highway Vehicle Trail and Recreational Area Account