Texas § GV.608.007 - TRUST ACCOUNT
Full text of Texas The Texas Constitution § GV.608.007 — TRUST ACCOUNT, with citation guidance and answers to common questions.
§ GV.608.007. TRUST ACCOUNT
TRUST ACCOUNT. (a) A department administrator shall deposit money received under Section 608.005 (a) with the comptroller to be held in trust by the comptroller until disbursed by the department administrator to purchase savings bonds for an individual designated in an authorization under Section 608.002 filed with the department administrator. (b) A disbursing officer shall deposit money received under Section 608.005 (b) with the comptroller of the political subdivision to be held in trust by the comptroller until disbursed by the disbursing officer to purchase savings bonds for an individual designated in an authorization under Section 608.002 filed with the disbursing officer. (c) Money held in trust under this section shall be deposited in an account designated as the savings bond payroll savings account. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.41, eff. Sept. 1, 1997; Acts 1999, 76th Leg., ch. 1467, Sec. 1.25, eff. June 19, 1999.
Frequently Asked Questions About Texas § GV.608.007
What does The Texas Constitution § GV.608.007 cover?
Section GV.608.007 ("TRUST ACCOUNT") 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.608.007?
A common citation format is "The Texas Constitution § GV.608.007" (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.608.007 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.