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Texas Business & Commerce Code

§ 671.105 — DEPOSITORY; ORDER TO DISBURSE

BC § 671.105Title 15. CURRENCY AND TRADE · Part B. PORT OF ENTRY AUTHORITIES · Ch. 671. CITY OF LAREDO PORT OF ENTRY AUTHORITY · Art. C. POWERS AND DUTIES

Statute text

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(a)The treasurer of the authority shall deposit money collected by the authority in a separate account in a bank or trust company.
(b)Money of the authority may be paid out on the warrant or other order of the presiding officer of the board or another person designated by the authority.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 2.01, eff. April 1, 2009.

Source: Texas Business & Commerce Code § 671.105 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.