Sec. 203.024. DEPOSITS. (a) Except as otherwise provided by this subchapter, the comptroller, under the direction of the commission, may deposit money credited to the clearing and benefit accounts in a bank or public depository in which general funds of this state may be deposited.
(b) A public deposit insurance charge or premium may not be paid out of the compensation fund.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 12.06, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 4 - Employment Services and Unemployment
Subtitle A - Texas Unemployment Compensation Act
Chapter 203 - Financing and Funds
Subchapter B. Unemployment Compensation Fund
Section 203.021. Unemployment Compensation Fund; Separate Accounts
Section 203.022. Composition and Use of Clearing Account
Section 203.023. Requisitions From Federal Trust Fund; Benefit Account
Section 203.025. Use of Requisitioned Money
Section 203.026. Accounts From Which Benefits and Refunds Are Paid
Section 203.027. Unexpended Balance of Benefit Account
Section 203.028. Solvency of Compensation Fund; Reserve
Section 203.029. Refund of Contributions to Federal Instrumentality
Section 203.030. Reimbursement From or to Compensation Fund Under Reciprocal Arrangement
Section 203.031. Nonliability of State
Section 203.032. Management of Compensation Fund on Discontinuance of Federal Trust Fund