Tex. Spec. Dist. Local Laws Code § 1116.155 · Subchapter D. GENERAL FINANCIAL PROVISIONS
DEPOSITORY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board by resolution shall select one or more banks inside or outside the district to serve as the district's depository.
(b) All district money, other than money invested as provided by Section 1116.156, shall be deposited in the depository and secured in the manner provided for securing county funds.
Notes and commentary — not statutory text
History
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.01, eff. April 1, 2015.
Amended by:
Acts 2025, 89th Leg., R.S., Ch. 1059 (H.B. 5664), Sec. 3, eff. September 1, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1116.htm
- Text hash
- sha256 094afd0398c0893679c38fe881b9af527ad202fb92bf43f61ac34617d26e7d7e
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Special District Local Laws Code
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.