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Texas Parks and Wildlife Code

§ 11.044 — DISPOSITION OF INTEREST ON INVESTMENTS

PW § 11.044Title 2. PARKS AND WILDLIFE DEPARTMENT · Ch. 11. PARKS AND WILDLIFE DEPARTMENT · Art. C. SPECIAL ACCOUNTS

Statute text

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(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.

Legislative history

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.

Source: Texas Parks and Wildlife Code § 11.044 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.