Tex. Spec. Dist. Local Laws Code § 8104.252 · Subchapter F. GENERAL FINANCIAL PROVISIONS
AUTHORITY DEPOSITORY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) With the prior approval of the Baytown City Council, the board shall select one or more banks in this state to act as depository for the authority's money.
(b) To the extent that money in a depository bank is not insured by the Federal Deposit Insurance Corporation, the money shall be secured in the manner provided by law for the security of the City of Baytown's money.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.06, eff. April 1, 2007.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8104.htm
- Text hash
- sha256 8ecafa47000dbe8539021e68b1cec4c87126cae67c1c6a905f1b60ca875de9b0
- 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.