Texas § 203.021 UNEMPLOYMENT COMPENSATION FUND; SEPARATE ACCOUNTS.

Texas Statutes

§ 203.021 — UNEMPLOYMENT COMPENSATION FUND; SEPARATE ACCOUNTS.

Texas § 203.021

Code LALabor Code

This text of Texas § 203.021 (UNEMPLOYMENT COMPENSATION FUND; SEPARATE ACCOUNTS.) 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. Labor Code Code Ann. § 203.021 (2026).

Text

Sec. 203.021. UNEMPLOYMENT COMPENSATION FUND; SEPARATE ACCOUNTS.

(a)The unemployment compensation fund is a special fund.

(b)The compensation fund consists of:

(1)contributions collected under this subtitle;

(2)interest earned on money in the compensation fund;

(3)property or securities acquired through the use of money in the compensation fund;

(4)earnings of property or securities described by Subdivision (3);

(5)amounts recovered for losses sustained by the compensation fund; and

(6)other money received for the compensation fund from any other source.

(c)Money in the compensation fund shall be mingled and undivided.

(d)The comptroller shall maintain in the compensation fund:

(1)a clearing account;

(2)a federal trust fund account; and

(3)a benefit account.

(e)Money in the c

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Sec. 203.021. UNEMPLOYMENT COMPENSATION FUND; SEPARATE ACCOUNTS. (a) The unemployment compensation fund is a special fund.
(b) The compensation fund consists of:
(1) contributions collected under this subtitle;
(2) interest earned on money in the compensation fund;
(3) property or securities acquired through the use of money in the compensation fund;
(4) earnings of property or securities described by Subdivision (3);
(5) amounts recovered for losses sustained by the compensation fund; and
(6) other money received for the compensation fund from any other source.
(c) Money in the compensation fund shall be mingled and undivided.
(d) The comptroller shall maintain in the compensation fund:
(1) a clearing account;
(2) a federal trust fund account; and
(3) a benefit account.
(e) Money in the compensation fund may not be transferred to the:
(1) Texas Enterprise Fund created under Section 481.078 , Government Code; or
(2) Texas emerging technology fund established under Section 490.101 , Government Code.

Legislative History

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 12.03, eff. Sept. 1, 1997. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1297 (H.B. 2457 ), Sec. 12, eff. September 1, 2011.