1207.028 – COMPTROLLER TO SEND AND RECORD DEPOSIT OR
Texas Government Code § 1207.028
Summary
This law requires the comptroller to promptly send a deposit or payment to the paying agent for obligations being refunded, minus any applicable fees. It ensures timely processing of refunds and communication between the comptroller and paying agents.
Comptroller must send payments quickly to paying agents.
Payments are reduced by any applicable fees.
Paying agents must notify the comptroller of obligations refunded.
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In simple terms: Learn about Texas's COMPTROLLER TO SEND AND RECORD DEPOSIT OR law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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