Texas Statutes

§ 131.001 — SPECIAL DEPOSITORY AUTHORIZED.

Texas § 131.001
JurisdictionTexas
Code LGLocal Government Code

This text of Texas § 131.001 (SPECIAL DEPOSITORY AUTHORIZED.) 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. § 131.001 (2026).

Text

Sec. 131.001. SPECIAL DEPOSITORY AUTHORIZED. If a financial institution that is a depository under state law for the public funds of a county, municipality, or district suspends business or is taken charge of by a state or federal bank regulatory agency, the local government authority authorized to select the original depository may select by contract a special depository for the public funds in the suspended financial institution.

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Legislative History

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1999, 76th Leg., ch. 344, Sec. 5.010, eff. Sept. 1, 1999.

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Bluebook (online)
Texas § 131.001, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/131.001.