{"data":{"id":"us-tx/tex.-government-code-2116.104","jurisdiction":"us-tx","citation":"Tex. Government Code § 2116.104","heading":"RULES.","body":"Text of section effective on May 01, 2027\nThe comptroller shall adopt rules as necessary or convenient to implement and administer this subchapter, including rules to:\n(1) provide for the security of transactions in gold and silver specie and gold and silver currency and related information;\n(2) determine the value of the gold and silver currency described by Section 2116.102 at the time of a transaction or in a commercially reasonable manner;\n(3) establish a fee that is reasonable and necessary to administer this subchapter;\n(4) authorize and approve vendors, including financial institutions, to provide an electronic system described by Section 2116.102; and\n(5) adopt policies and procedures to prevent:\n(A) fraud; and\n(B) transactions in gold and silver specie or gold and silver currency involving a foreign adversary, or a person associated with a foreign adversary, as determined under 15 C.F.R. Section 791.4.\nAdded by Acts 2025, 89th Leg., R.S., Ch. 1176 (H.B. 1056), Sec. 1, eff. May 1, 2027.","path":["GOVERNMENT CODE","TITLE 10. GENERAL GOVERNMENT","SUBTITLE C. STATE ACCOUNTING, FISCAL MANAGEMENT, AND PRODUCTIVITY","CHAPTER 2116. TEXAS BULLION DEPOSITORY","SUBCHAPTER D. GOLD AND SILVER SPECIE AND CURRENCY"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2116.htm#2116.104","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"805cc44e06969a7b7721c554a4ede223f4bd863b19c3c178aabf6edc80636dc3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2116.103","next":"us-tx/tex.-government-code-2151.001"},"notice":"GroundRules: Original legal text. Not legal advice."}