Texas Special District Local Laws Code § 1060.155 Depository

Sec. 1060.155. DEPOSITORY. (a) The board by resolution shall designate a bank in Menard County as the district's depository. A designated bank serves for two years until a successor is designated.

(b) All district money shall be deposited in the district's depository and secured in the manner provided for securing county funds.

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

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Last modified: September 28, 2016