Sec. 104.003. EFFECT OF EARLY WITHDRAWAL. If any of the funds placed in time deposit accounts are required before maturity, they shall be made available by the depository bank, but the bank is not liable for interest earned on any amount withdrawn before maturity. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Effect of Early Withdrawal
Tex. Local Government Code § 104.003, under Municipal Investment of Trust Funds and Special Deposits.
Tex. Local Government Code § 104.003