(a) The board shall designate one or more banks inside or outside of the district to serve as the depository for district money.
(b) Tax revenue of the district shall be deposited in a depository bank.
DEPOSITORY
Added by Acts 1997, 75th Leg., ch. 1204, Sec. 1, eff
(a) The board shall designate one or more banks inside or outside of the district to serve as the depository for district money.
(b) Tax revenue of the district shall be deposited in a depository bank.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.