{"data":{"id":"us-tx/tex.-government-code-404.105","jurisdiction":"us-tx","citation":"Tex. Government Code § 404.105","heading":"CAPITAL OR RESERVE.","body":"The trust company shall hold capital stock and reserve balances outside the treasury in an amount required by applicable regulatory bodies for eligibility for federal reserve services, for participation in a depository trust company, and as necessary to achieve its purposes under Section 404.103. The stock of the trust company is an authorized investment for state funds and shall be held by the comptroller, but the amount may not be more than $1 million.\nActs 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1995, 74th Leg., ch. 426, Sec. 26, eff. June 9, 1995; Acts 1997, 75th Leg., ch. 1423, Sec. 7.75, eff. Sept. 1, 1997; Acts 2001, 77th Leg., ch. 1158, Sec. 24, eff. June 15, 2001.","path":["GOVERNMENT CODE","TITLE 4. EXECUTIVE BRANCH","SUBTITLE A. EXECUTIVE OFFICERS","CHAPTER 404. STATE TREASURY OPERATIONS OF COMPTROLLER","SUBCHAPTER G. TEXAS TREASURY SAFEKEEPING TRUST COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.404.htm#404.105","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"2a12a9049d76a4b36ebcb34120f70868455113000b8fac4bb23a3a2ba16f3c7f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-404.104","next":"us-tx/tex.-government-code-404.106"},"notice":"GroundRules: Original legal text. Not legal advice."}