117.125 – TRANSFER OF MONEY. (a) In the absence of a
Texas Local Government Code § 117.125
Summary
This law allows a clerk to transfer money from a registry fund to a separate investment account, unless a court orders otherwise. It specifically mandates that all funds deposited under Chapter 1355 of the Estates Code must be transferred into a separate account for investment purposes.
Clerks can transfer funds unless a court orders otherwise.
All money under Chapter 1355 must be transferred.
Transferred funds must go into an authorized investment account.
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In simple terms: Learn about Texas's TRANSFER OF MONEY. (a) In the absence of a 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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