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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Labor Code § 204.122: HOLDING FUND.

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Where this section sits in the code
  1. LABOR CODE
  2. TITLE 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT
  3. SUBTITLE A. TEXAS UNEMPLOYMENT COMPENSATION ACT
  4. CHAPTER 204. CONTRIBUTIONS
  5. SUBCHAPTER G. EMPLOYMENT AND TRAINING INVESTMENT ASSESSMENT; FUNDS

(a) The employment and training investment holding fund is a special trust fund outside of the state treasury in the custody of the comptroller separate and apart from all public money or funds of this state.

(b) The comptroller shall administer the holding fund in accordance with the directions of the commission. Interest accruing on amounts in the holding fund shall be deposited quarterly to the credit of the compensation fund.

Added by Acts 2005, 79th Leg., Ch. 1115 (H.B. 2421), Sec. 3, eff. June 18, 2005.

Collected 2026-08-27T01:47:24Z. Source file · JSON

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