Texas § 2257.103 PARTICIPATION IN POOLED COLLATERAL PROGRAM.

Texas Statutes

§ 2257.103 — PARTICIPATION IN POOLED COLLATERAL PROGRAM.

Texas § 2257.103

Code GVGovernment Code

This text of Texas § 2257.103 (PARTICIPATION IN POOLED COLLATERAL PROGRAM.) 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. § 2257.103 (2026).

Text

Sec. 2257.103. PARTICIPATION IN POOLED COLLATERAL PROGRAM. A financial institution may participate in the pooled collateral program only if:

(1)the institution has entered into a binding collateral security agreement with a public agency for a deposit of public funds and the agreement permits the institution's participation in the program;

(2)the comptroller has approved the institution's participation in the program; and

(3)the comptroller has approved or provided the collateral security agreement form used.

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Sec. 2257.103. PARTICIPATION IN POOLED COLLATERAL PROGRAM. A financial institution may participate in the pooled collateral program only if:
(1) the institution has entered into a binding collateral security agreement with a public agency for a deposit of public funds and the agreement permits the institution's participation in the program;
(2) the comptroller has approved the institution's participation in the program; and
(3) the comptroller has approved or provided the collateral security agreement form used.