Texas Comptroller of Public Accounts
| Legal Citations: |
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| Origin Date: 1985 by the 69th Leg. |
| Issue Date: |
| Revised Date: 2018-03-05 |
This fund is created to hold cash, surety bonds, and other negotiable instruments payable in favor of the state and held for the benefit of any members of the health spa who suffer financial losses due to the insolvency or cessation of operation of the health spa. Amount determined by the Secretary of State between $20,000 and $50,000 and reviewed every 3 years to determine sufficiency.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Amended by H.B. 863, 71st Leg., § 3.17.
Amended by H.B. 135, 79th Leg., R.S.
| USAS Title | HEALTH SPA BOND TRUST FUND |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | A |