Issue Date: | 1994-04-01 |
---|---|
Revised Date: | 2015-12-07 |
Legal Cites
- Occupations Code sec. 1803.056
Origin:
1993 by H.B. 364, 73rd Leg., R.S.
Purpose
Created to hold surety bonds, letters of credit and certificate of deposits payable in favor of state in amount of $10,000 for each solicitor registration statement filed under this chapter. Held for benefit of persons injured by bankruptcy of a seller or seller's breach of agreement entered into during telephone solicitation. Amounts are held in financial institutions. Fund is used for financial reporting.
Classification | Group 08: Trust Funds [?] |
---|---|
Depository Interest | Not applicable |
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 | TELEPHONE SOLICITORS BOND TRUST FUND |
---|---|
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