Texas Statutes
§ 1207.029 — SELECTION OF PAYING AGENT.
Texas § 1207.029
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 1207.029 (SELECTION OF PAYING AGENT.) 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. § 1207.029 (2026).
Text
Sec. 1207.029. SELECTION OF PAYING AGENT. If there is more than one paying agent for an obligation being refunded, the comptroller shall send the money directly to:
(1)the paying agent located in this state, if only one paying agent is located in this state;
(2)the paying agent located in this state having the largest capital and surplus, if more than one paying agent is located in this state; or
(3)the paying agent having the largest capital and surplus, if no paying agent is located in this state and more than one paying agent is located in another state.
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Legislative History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Nearby Sections
15
§ 1207.001
DEFINITIONS.§ 1207.002
AUTHORITY TO ISSUE.§ 1207.003
ELECTION.§ 1207.004
COMBINATION ISSUANCE.§ 1207.005
SOURCES AVAILABLE FOR PAYMENT.§ 1207.006
MATURITY.§ 1207.007
DELEGATION OF AUTHORITY.§ 1207.008
LIMITATION.§ 1207.021
AUTHORITY TO DEPOSIT WITH COMPTROLLER.§ 1207.022
LIMITATION.§ 1207.023
AMOUNT OF PRINCIPAL.§ 1207.024
METHODS AND TERMS OF SALE.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1207.029, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/1207.029.