Tex. Spec. Dist. Local Laws Code § 5002.101 · Subchapter C. GENERAL FINANCIAL PROVISIONS
DEPOSITORY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board by resolution shall designate a bank in Brazoria County as the district's depository.
(b) The designated bank serves as the depository for a term of two years and until a successor depository has been selected.
(c) All money of the district shall be secured in the manner provided for the security of county funds.
(d) The tax assessor and collector for Brazoria County or another official performing the duties of tax assessor and collector for the district shall:
(1) deposit all taxes collected for the district in the depository bank designated as depository for Brazoria County; and
(2) promptly transfer and deposit the money to the district's account in the district's depository.
Notes and commentary — not statutory text
History
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.04, eff. April 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.5002.htm
- Text hash
- sha256 e0d538a9008442a5b315f363c8911bfbbd7314615f690145bfac3874db26cc51
- 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.