Home » United States » Texas Administrative Code Title 1 Section 20.523

Texas Administrative Code Title 1 Section 20.523

1 Texas Administrative Code § 20.523 – Separate Account Required

(a) Contributions authorized by § 24.19 of this title (relating to Contribution to a Political Party) must be maintained in an account separate from other contributions accepted by a political party.

(b) Interest and other income earned from contributions authorized by § 24.19 of this title (relating to Contribution to a Political Party) must be maintained in the account required by subsection (a) of this section.

(c) Proceeds from the sale or rent of assets purchased either with contributions authorized by § 24.19 of this title (relating to Contribution to a Political Party) or with interest or other income earned from such contributions must be maintained in the account required by subsection (a) of this section.

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