Texas § GV.404.097 - DEPOSIT OF FUNDS RECOVERED BY LITIGATION OR SETTLEMENT
Full text of Texas The Texas Constitution § GV.404.097 — DEPOSIT OF FUNDS RECOVERED BY LITIGATION OR SETTLEMENT, with citation guidance and answers to common questions.
§ GV.404.097. DEPOSIT OF FUNDS RECOVERED BY LITIGATION OR SETTLEMENT
DEPOSIT OF FUNDS RECOVERED BY LITIGATION OR SETTLEMENT. (a) Notwithstanding Section 404.093 , this section applies by its terms to each state governmental entity. (b) In this section, "contingent fee contract" and "state governmental entity" have the meanings assigned by Section 2254.101 . (c) All funds recovered by a state governmental entity in litigation or in settlement of a matter that could have resulted in litigation, including funds designated as damages, amounts adjudged or awarded, attorney's fees, costs, interest, settlement proceeds, or expenses, are public funds of the state or the state governmental entity and shall be deposited in the state treasury to the credit of the appropriate fund or account. (d) Legal fees and expenses may be paid from the recovered funds under a contingent fee contract for legal services only: (1) after the funds are deposited in accordance with this section; and (2) in accordance with Subchapter C , Chapter 2254 , if that subchapter applies to the contract. Added by Acts 1999, 76th Leg., ch. 1499, Sec. 3.02, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 1266, Sec. 1.14, eff. June 20, 2003. SUBCHAPTER G. TEXAS TREASURY SAFEKEEPING TRUST COMPANY
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.404.097
What does The Texas Constitution § GV.404.097 cover?
Section GV.404.097 ("DEPOSIT OF FUNDS RECOVERED BY LITIGATION OR SETTLEMENT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.404.097?
A common citation format is "The Texas Constitution § GV.404.097" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.404.097 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.