Sec. 93.005. FISCAL AGENT. (a) A savings bank may act as fiscal agent of the United States. A savings bank designated as fiscal agent of the United States by the secretary of the treasury shall act under regulations as required by the secretary and may act as fiscal agent for an instrumentality of the United States.
(b) A savings bank may act as fiscal agent of this state or of a governmental subdivision or instrumentality of this state.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 93.001 93.002 93.003 93.004 93.005 93.006 93.007 93.008 93.009 93.010 93.011 NextLast modified: September 28, 2016