Purpose
To hold in trust money or securities deposited by mixed beverage permittees. The total of bonds, certificates of deposit, letters of credit, or other security determined to be sufficient by the Comptroller shall be in an amount sufficient to protect the fiscal interests of the state. The Comptroller may not set the amount of security at less than $1,000 or more than $25,000.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
USAS Values
| USAS Title | MIXED BEV TAX GUARANTY TRUST ACCT |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | A |
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities