26 Tex. Admin. Code § 910.53 - Depositing Department Funds
The CEO or designee is responsible for ensuring that:
(1) all funds received are
deposited with the state treasurer or in an account that is insured under state
or federal law.
(2) the balance of
such account does not exceed the insured limit of the financial institution;
and
(3) all funds that must be
deposited in the State Treasury are deposited within three business days of
receipt.
Notes
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