SECTION 358.346. Funds Held in Financial Institution Accounts

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The Texas Health and Human Services Commission follows 20 CFR §416.1208 regarding the treatment of funds held in financial institution accounts, except the balance of funds in a financial institution account as of 12:01 a.m. on the first day of the month is reduced by the amount of any funds encumbered before that time, including any checks written, that have not yet been processed by the financial institution.

Source Note: The provisions of this §358.346 adopted to be effective September 1, 2009, 34 TexReg 5497

                    
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