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Tex. Spec. Dist. Local Laws Code § 1040.155

DEPOSITORY OR TREASURER

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff

(a) The board by resolution shall designate a bank or banks as the district's depository.

(b) All income received by the district shall be deposited with the district depository.

(c) All district money shall be secured in the manner provided for securing county funds.

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