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Texas Special District Local Laws Code

§ 1060.155 — DEPOSITORY

SD § 1060.155Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1060. MENARD COUNTY HOSPITAL DISTRICT OF MENARD COUNTY, TEXAS · Art. D. GENERAL FINANCIAL PROVISIONS

Statute text

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(a)The board by resolution shall designate a bank in Menard County as the district's depository. A designated bank serves for two years until a successor is designated.
(b)All district money shall be deposited in the district's depository and secured in the manner provided for securing county funds.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1060.155 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.