Issue Date: 2003-09-01
Revised Date:

Legal Cites

Origin:

2003 by H.B. 109 and H.B. 3318, 78th Leg., R.S.

Purpose

Created to hold bonds or securities, including cash, certificate of deposit, letter of credit or other instrument of value, in an amount of $5,000, plus an additional $1,000 for each place of business from which the customs broker intends to issue exemption certificates.

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

Note

USAS Values

USAS Title CUSTOM BROKER BOND/SEC TRUST FD
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