§ 7.105

7 Tex. Admin. Code § 7.105

TFEE Fund Management

Effective Jan 2, 202549 TexReg 10507Source Note: The provisions of this §7.105 adopted to be effective September 7, 2017, 42 TexReg 4459; amended to be effective January 2, 2025, 49 TexReg 10507.Texas Secretary of State

In accordance with Texas Finance Code, §14.113(b), TFEE funds will be remitted to the comptroller for deposit in the Texas Treasury Safekeeping Trust Company. TFEE funds may be invested and reinvested under the prudent person standard described by Texas Constitution, Article VII, Section 11b.

Source Note:The provisions of this §7.105 adopted to be effective September 7, 2017, 42 TexReg 4459; amended to be effective January 2, 2025, 49 TexReg 10507.