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Tex. Loc. Gov't Code § 116.089

SURRENDER OF INTEREST ON SECURITIES

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff

On the request of a county depository, the commissioners court shall surrender, when due, interest coupons or other evidence of interest on securities deposited by the depository with the commissioners court if the securities remaining pledged by a depository are adequate to meet the requirements of the commissioners court.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.