{"data":{"id":"us-tx/tex.-government-code-2257.044","jurisdiction":"us-tx","citation":"Tex. Government Code § 2257.044","heading":"CUSTODIAN AS BAILEE.","body":"(a) A custodian under this chapter or a custodian of a security pledged to an institution of higher education, as defined by Section 61.003, Education Code, whether acting alone or through a permitted institution, is for all purposes the bailee or agent of the public entity or institution depositing the public funds with the depository.\n(b) To the extent of any conflict, Subsection (a) prevails over Chapter 8 or 9, Business \u0026 Commerce Code.\nAdded by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.","path":["GOVERNMENT CODE","TITLE 10. GENERAL GOVERNMENT","SUBTITLE F. STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT","CHAPTER 2257. COLLATERAL FOR PUBLIC FUNDS","SUBCHAPTER C. CUSTODIAN; PERMITTED INSTITUTION"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2257.htm#2257.044","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"2ed0d65502a03dd469578fda5812b8c1c27fe7e0d224811ea3d8735090cd3468","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2257.043","next":"us-tx/tex.-government-code-2257.045"},"notice":"GroundRules: Original legal text. Not legal advice."}