Texas Labor Code

§ 203.004 — DEPOSIT OF FUNDS; EXCEPTION

LA § 203.004Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT · Part A. TEXAS UNEMPLOYMENT COMPENSATION ACT · Ch. 203. FINANCING AND FUNDS · Art. A. GENERAL PROVISIONS

Statute text

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All money paid to the commission under this subtitle:

(1)shall be deposited in the treasury unless:

(A)a state or federal law prohibits deposit in the treasury; or

(B)the deposit would result in the loss of any federal funds; and

(2)may be used only for the administration of this subtitle.

Legislative history

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.