Texas Statutes

§ 116.111 — CHARACTER AND AMOUNT OF DEPOSITS.

Texas § 116.111
JurisdictionTexas
Code LGLocal Government Code

This text of Texas § 116.111 (CHARACTER AND AMOUNT OF DEPOSITS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Local Government Code Code Ann. § 116.111 (2026).

Text

Sec. 116.111. CHARACTER AND AMOUNT OF DEPOSITS. The commissioners court may determine and designate the character and amount of county funds that will be demand deposits and that will be time deposits. The commissioners court may contract with a depository for interest on time deposits at any legal rate under a federal law or under a rule adopted by the board of governors of the Federal Reserve System or by the board of directors of the Federal Deposit Insurance Corporation.

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Related

Opinion No.
(Texas Attorney General Reports, 2000)

Legislative History

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.

Nearby Sections

15
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Bluebook (online)
Texas § 116.111, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/116.111.