Texas Statutes
§ 116.060 — SECURITY NOT REQUIRED FOR FEDERALLY INSURED DEPOSITS.
Texas § 116.060
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 116.060 (SECURITY NOT REQUIRED FOR FEDERALLY INSURED 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. § 116.060 (2026).
Text
Sec. 116.060. SECURITY NOT REQUIRED FOR FEDERALLY INSURED DEPOSITS. A depository is not required to provide security for the deposit of county funds to the extent the deposits are insured under 12 U.S.C.A. Sections 1811-1832.
SUBCHAPTER D. MAINTENANCE AND MODIFICATION OF SECURITY
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Legislative History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Nearby Sections
15
§ 116.001
DEFINITIONS.§ 116.002
MONEY AFFECTED.§ 116.022
NOTICE.§ 116.023
APPLICATIONS.§ 116.026
APPLICANTS OUTSIDE COUNTY.§ 116.028
SUCCESSOR BANK AS COUNTY DEPOSITORY.§ 116.052
PERSONAL BOND.§ 116.053
SURETY BOND.§ 116.054
BONDS, NOTES, AND OTHER SECURITIES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 116.060, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/116.060.