Transactional Currency

Sec. 2116.102. TRANSACTIONAL CURRENCY. The comptroller may establish or authorize one or more electronic systems that enable a depositor or vendor to make and receive payments using a currency backed by gold and silver bullion held in the depository. Added by Acts 2025, 89th Leg., R.S., Ch. 1176 (H.B. 1056), Sec. 1, eff. May 1, 2027. Text of section effective on May 01, 2027