An instrument issued in payment for livestock under this subchapter shall be drawn on banks that are so located as not to artificially delay collection of funds through mail or otherwise cause an undue lapse of time in the clearance process.
Tex. Agric. Code § 148.024
DELAY IN COLLECTION OF PAYMENT INSTRUMENTS
Acts 1981, 67th Leg., p. 1387, ch. 388, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.