A deposit of public funds shall be secured by eligible security to the extent and in the manner required by this chapter.
Tex. Gov't Code § 2257.021
COLLATERAL REQUIRED
Known as the Public Funds Collateral Act
The act spans §§ 2257.001 to 2257.114 (41 sections).
Added by Acts 1993, 73rd Leg., ch. 268, 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.