Tex. Loc. Gov't Code § 336.204

DEPOSITORY

Added by Acts 2005, 79th Leg., Ch. 883 (S.B. 1205), Sec. 2, 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) The district shall deposit district tax revenue 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.