Texas § 404.107 FEES.

Texas Statutes

§ 404.107 — FEES.

Texas § 404.107

Code GVGovernment Code

This text of Texas § 404.107 (FEES.) 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. § 404.107 (2026).

Text

Sec. 404.107. FEES.

(a)Any fees or assessments imposed by state law for the incorporation, regulation, or operation of trust companies do not apply to the Texas Treasury Safekeeping Trust Company.

(b)A participant that has money or securities on deposit with the trust company shall pay the fees provided in the trust company's fee schedule developed under Section 404.103 (f). The trust company may:

(1)deduct a fee from the principal or earning of a participant on deposit with the trust company; or

(2)require a participant to pay a fee from an amount not on deposit with the trust company.

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Sec. 404.107. FEES. (a) Any fees or assessments imposed by state law for the incorporation, regulation, or operation of trust companies do not apply to the Texas Treasury Safekeeping Trust Company.
(b) A participant that has money or securities on deposit with the trust company shall pay the fees provided in the trust company's fee schedule developed under Section 404.103 (f). The trust company may:
(1) deduct a fee from the principal or earning of a participant on deposit with the trust company; or
(2) require a participant to pay a fee from an amount not on deposit with the trust company.

Legislative History

Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 2001, 77th Leg., ch. 1158, Sec. 26, eff. June 15, 2001; Acts 2003, 78th Leg., ch. 1310, Sec. 27, eff. June 20, 2003.