Texas Government Code 466.403 – Payment of Prize in Installments
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Terms Used In Texas Government Code 466.403
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
If the director determines that prize money is to be paid in installments, the comptroller shall invest funds from the state lottery account as necessary to ensure the payment of the installments. The investments may be in securities, annuities, or other instruments as determined by the comptroller.