Tex. Government Code § 2116.013: DEPOSITORY ACCOUNTS NOT INTEREST-BEARING.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 10. GENERAL GOVERNMENT
- SUBTITLE C. STATE ACCOUNTING, FISCAL MANAGEMENT, AND PRODUCTIVITY
- CHAPTER 2116. TEXAS BULLION DEPOSITORY
- SUBCHAPTER A. ESTABLISHMENT AND ADMINISTRATION OF TEXAS BULLION DEPOSITORY
The depository may not pay on a depository account:
(1) interest;
(2) an amount in the nature of interest; or
(3) a fee or other payment for the use or forbearance of use of money, bullion, specie, or precious metals deposited to a depository account.
Added by Acts 2015, 84th Leg., R.S., Ch. 1000 (H.B. 483), Sec. 1, eff. June 19, 2015.
Collected 2026-08-27T01:47:16Z. Source file · JSON