Tex. Spec. Dist. Local Laws Code § 1040.155 · Subchapter D. GENERAL FINANCIAL PROVISIONS
DEPOSITORY OR TREASURER.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Amended by:
Acts 2015, 84th Leg., R.S., Ch. 131 (H.B. 795), Sec. 5, eff. May 28, 2015.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1040.htm
- Text hash
- sha256 1d0221c5a4f5913cfe2017157ca0bbf4ffd91a1b89397a3fc248b42a0b6316a4
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.