Tex. Est. Code Section 1355.051
Investment of Money by Clerk

(a)

On receipt of a payment under Section 1355.001 (Payment of Claims to Resident Creditor), the county clerk shall invest the money as authorized under this title under court order in the name and for the account of the minor or other person entitled to the money.

(b)

The county clerk shall credit any increase, dividend, or income from an investment made under this chapter to the account of the minor or other person entitled to the investment.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.

Source: Section 1355.051 — Investment of Money by Clerk, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­1355.­htm#1355.­051 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 1355.051’s source at texas​.gov