Sec. 2116.021. TRANSACTIONS AND RELATIONSHIPS; MARKETING AND PUBLICITY. (a) The depository may enter into transactions and relationships with bullion banks, depositories, dealers, central banks, sovereign wealth funds, financial institutions, international nongovernmental organizations, and other persons, located inside or outside of this state or inside or outside of the United States, as the comptroller determines to be prudent and suitable to facilitate the operations of the depository and to further the purposes of this chapter.
(b) The depository may advertise and promote the depository in any available media.
(c) The depository may issue, sell, license for sale, or obtain a license to sell promotional items approved by the administrator to further the purposes of this chapter and to promote the depository. The depository may set commercially reasonable prices for items licensed or sold under this section.
Added by Acts 2015, 84th Leg., R.S., Ch. 1000 (H.B. 483), Sec. 1, eff. June 19, 2015.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 198 (H.B. 2458), Sec. 17, eff. May 24, 2019.
Structure Texas Statutes
Subtitle C - State Accounting, Fiscal Management, and Productivity
Chapter 2116 - Texas Bullion Depository
Subchapter A. Establishment and Administration of Texas
Section 2116.002. Texas Bullion Depository
Section 2116.003. Depository Administration; Administrator
Section 2116.005. Deposits and Depository Accounts; Standards
Section 2116.006. Demand, Presentment, Withdrawal, Delivery, and Settlement
Section 2116.007. Transfer of Depository Account Balance
Section 2116.008. Depository Account Contracts
Section 2116.009. Cause of Action for Denial of Deposit Liability
Section 2116.010. Fees; Service Charges; Penalties
Section 2116.011. Depository Account Ownership by Owner of Record
Section 2116.012. Transfer of Depository Account
Section 2116.013. Depository Accounts Not Interest-Bearing
Section 2116.014. Lien on Depository Account
Section 2116.015. Depository Account as Legal Investment
Section 2116.016. Applicability of Estates Code
Section 2116.017. Pledge of Jointly Held Depository Account
Section 2116.018. Depository Account Held by Fiduciary
Section 2116.019. Depository Account Held in Trust; Undisclosed Trust Instrument
Section 2116.020. Power of Attorney; Revocation on Death or Incompetency
Section 2116.021. Transactions and Relationships; Marketing and Publicity
Section 2116.022. Certain Actions Prohibited
Section 2116.023. Confiscations, Requisitions, Seizures, and Other Actions Void
Section 2116.024. Official Exchange Rates
Section 2116.025. Facilitation of Accounting and Reporting of Taxable Gains
Section 2116.026. Annual Report
Section 2116.027. Confidentiality of Records; Other Records Exempt From Disclosure