This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Issue Date:
Revised Date: 2022-08-09

Legal Cites

Origin:

1969 by S.B. 164, 61st Leg., R.S.

Purpose

To record cash and/or securities received from applicants in lieu of the surety bond required by this Act.

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

Previously administered by the Texas Commission on Private Security (Agency 467). Agency combined as a part of the Department of Public Safety, Agency 405, by H.B. 28, 78th Leg., 3rd C.S., effective October 20, 2003.

Revenue deposited to unappropriated General Revenue. Fund no longer used and closed November 2015.

USAS Values

USAS Title PRIV DETECT SURETY BOND TR ACCT
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status I
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities