Depository

Tex. Special District Local Laws Code § 1116.155, under Chapter 1116.

Tex. Special District Local Laws Code § 1116.155

Sec. 1116.155. DEPOSITORY. (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. 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.