1207.027 – COMPTROLLER TO ACCEPT AND KEEP SAFE DEPOSITS.
Texas Government Code § 1207.027
Summary
This law mandates that the comptroller must accept and securely manage deposits made under this subchapter, ensuring the funds are used only for specified purposes. It protects the deposited money from being used for state benefits or creditor claims, except as allowed by law.
Comptroller must accept and safeguard deposits.
Funds can only be used for specified purposes.
Deposited money is protected from state or creditor use.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's COMPTROLLER TO ACCEPT AND KEEP SAFE DEPOSITS. law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.