Texas Statutes
§ 131.002 — DUTIES OF SPECIAL DEPOSITORY.
Texas § 131.002
JurisdictionTexas
Code LGLocal Government Code
This text of Texas § 131.002 (DUTIES OF SPECIAL DEPOSITORY.) 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. § 131.002 (2026).
Text
Sec. 131.002. DUTIES OF SPECIAL DEPOSITORY. The special depository shall assume the payment of the amount of public funds due by the suspended bank on the date of its suspension, including interest to that date, and shall pay that amount to the designated local government authority in accordance with the contract entered into by the special depository.
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Legislative History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Nearby Sections
8
§ 131.001
SPECIAL DEPOSITORY AUTHORIZED.§ 131.002
DUTIES OF SPECIAL DEPOSITORY.§ 131.003
SPECIAL DEPOSITORY CONTRACT.§ 131.004
BOND.§ 131.005
STATE FUNDS.§ 131.901
OUT-OF-STATE DEPOSITORY PROHIBITED.§ 131.903
CONFLICT OF INTEREST.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 131.002, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/LG/131.002.