Sec. 8154.152. DEPOSITORY. (a) The board shall select one or more banks or trust companies in this state to act as a depository of bond proceeds or of revenue derived from the operation of district facilities. (b) The depository shall, as determined by the board: (1) furnish indemnity bonds; (2) pledge securities; or (3) meet any other requirement. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.10, eff. April 1, 2009.
Depository
Tex. Special District Local Laws Code § 8154.152, under Blue Ridge West Municipal Utility District.
Tex. Special District Local Laws Code § 8154.152