Texas § 1207.028 COMPTROLLER TO SEND AND RECORD DEPOSIT OR PAYMENT.

Texas Statutes

§ 1207.028 — COMPTROLLER TO SEND AND RECORD DEPOSIT OR PAYMENT.

Texas § 1207.028

Code GVGovernment Code

This text of Texas § 1207.028 (COMPTROLLER TO SEND AND RECORD DEPOSIT OR PAYMENT.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Government Code Code Ann. § 1207.028 (2026).

Text

Sec. 1207.028. COMPTROLLER TO SEND AND RECORD DEPOSIT OR PAYMENT.

(a)After receipt of a deposit or payment under this subchapter, the comptroller shall immediately and by the most expeditious means send to the paying agent for the obligation being refunded an amount equal to the deposit or payment less the amount of any fee charged under Section 1207.032 .

(b)The comptroller shall notify the paying agent to send to the comptroller the obligation being refunded.

(c)After the comptroller has made a record of its payment and cancellation, the comptroller shall send the obligation being refunded and any interest coupon to the issuer.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 1207.028. COMPTROLLER TO SEND AND RECORD DEPOSIT OR PAYMENT. (a) After receipt of a deposit or payment under this subchapter, the comptroller shall immediately and by the most expeditious means send to the paying agent for the obligation being refunded an amount equal to the deposit or payment less the amount of any fee charged under Section 1207.032 .
(b) The comptroller shall notify the paying agent to send to the comptroller the obligation being refunded.
(c) After the comptroller has made a record of its payment and cancellation, the comptroller shall send the obligation being refunded and any interest coupon to the issuer.