Tex. Spec. Dist. Local Laws Code Section 8154.152
Depository

(a)

The board shall select one or more banks or trust companies in this state to act as a depository of bond proceeds or of revenue derived from the operation of district facilities.

(b)

The depository shall, as determined by the board:

(1)

furnish indemnity bonds;

(2)

pledge securities; or

(3)

meet any other requirement.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.10, eff. April 1, 2009.

Source: Section 8154.152 — Depository, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8154.­htm#8154.­152 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 8154.152’s source at texas​.gov