Texas Agriculture Code § 41.060 Depository Bank; Expenditure Of Funds

Sec. 41.060. DEPOSITORY BANK; EXPENDITURE OF FUNDS. (a) The secretary-treasurer shall deposit all money received by the board under this chapter, including assessments, donations from persons, and grants from governmental agencies, in a bank selected by the board.

(b) Money received by the board may be expended for any purpose under this chapter.

(c) Funds assessed and collected under this chapter may not be expended for use directly or indirectly to promote or oppose the election of any candidate for public office or to influence legislation.

Acts 1981, 67th Leg., p. 1088, ch. 388, Sec. 1, eff. Sept. 1, 1981.

Section: Previous  41.053  41.054  41.055  41.056  41.057  41.058  41.059  41.060  41.081  41.082  41.083  41.084  41.085  41.101  41.1011  Next

Last modified: September 28, 2016