Tex.
Gov't Code Section 404.073
Funds Outside Treasury
(a)
The comptroller may be the trustee of funds or property outside the treasury.(b)
The comptroller functioning as the trustee of funds or property outside the treasury may contract with the treasury to manage the funds or property in a manner similar to the management of funds in the treasury.(c)
Interest that has been and that will be accrued or earned from deposits made under a law to which this subsection applies is state funds not subject to allocation or distribution to taxing units, cities, or transportation authorities under that law. This subsection applies to:(1)
Section 205.02 (Disposition of Receipts), Alcoholic Beverage Code;(2)
Section 403.105 (Permanent Fund for Health and Tobacco Education and Enforcement)(d) of this code;(3)
Sections 321.501 (Trust Account) and 321.504 (Amounts Retained in Trust Account), Tax Code;(4)
Sections 322.301 (Collections Held by Comptroller) and 322.304 (Amounts Retained in Trust Account), Tax Code; and(5)
Sections 323.501 (Trust Account) and 323.504 (Amounts Retained in Trust Account), Tax Code.
Source:
Section 404.073 — Funds Outside Treasury, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.404.htm#404.073
(accessed Jun. 5, 2024).