{"data":{"id":"us-tx/tex.-government-code-403.507","jurisdiction":"us-tx","citation":"Tex. Government Code § 403.507","heading":"DEPOSIT AND ALLOCATION OF SETTLEMENT MONEY; EFFECT OF BANKRUPTCY.","body":"(a) Money obtained under a statewide opioid settlement agreement must be deposited as provided by this section and further allocated in accordance with the settlement agreement.\n(b) Of money obtained under a statewide opioid settlement agreement:\n(1) 15 percent shall be deposited into the account; and\n(2) 85 percent shall be deposited into the fund.\n(c) For the purposes of a statewide opioid settlement agreement in relation to a bankruptcy plan for a released entity, money is distributed in accordance with the bankruptcy plan.\nAdded by Acts 2021, 87th Leg., R.S., Ch. 781 (S.B. 1827), Sec. 1, eff. June 16, 2021.","path":["GOVERNMENT CODE","TITLE 4. EXECUTIVE BRANCH","SUBTITLE A. EXECUTIVE OFFICERS","CHAPTER 403. COMPTROLLER OF PUBLIC ACCOUNTS","SUBCHAPTER R. STATEWIDE OPIOID SETTLEMENT AGREEMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.403.htm#403.507","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"03efb701a01845a413706cf1eb9a7fa9a536af651670597ce181077e8eb01351","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-403.506","next":"us-tx/tex.-government-code-403.508"},"notice":"GroundRules: Original legal text. Not legal advice."}