Depository

Tex. Transportation Code § 284.044, under Causeways, Bridges, Tunnels, Turnpikes, Ferries, and Highways In Certain Counties.

Tex. Transportation Code § 284.044

Sec. 284.044. DEPOSITORY. A bank or trust company in this state may: (1) act as depository of bond proceeds or revenues derived from the operation of the project; and (2) provide indemnity bonds or pledge securities the county requires. Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.