Texas Statutes
§ 8274.157 — DEPOSITORY.
Texas § 8274.157
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 8274.157 (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. Special District Local Laws Code Code Ann. § 8274.157 (2026).
Text
Sec. 8274.157. DEPOSITORY.
(a)The board shall select one or more banks in this state to act as depository for the district's money.
(b)To the extent that money in the depository bank is not insured by the Federal Deposit Insurance Corporation, the money must be secured in the manner provided by law for the security of county funds.
(c)A director may be a shareholder in a bank that is a depository of district money.
SUBCHAPTER E. BONDS
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Legislative History
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619 ), Sec. 1.04, eff. April 1, 2011.
Nearby Sections
15
§ 8274.001
DEFINITIONS.§ 8274.002
NATURE OF DISTRICT.§ 8274.003
FINDINGS OF BENEFIT AND PUBLIC PURPOSE.§ 8274.004
DISTRICT TERRITORY.§ 8274.005
EXPANSION OF DISTRICT.§ 8274.006
STATE POLICY REGARDING WASTE DISPOSAL.§ 8274.007
LIBERAL CONSTRUCTION OF CHAPTER.§ 8274.051
COMPOSITION OF BOARD.§ 8274.052
DIRECTOR'S BOND.§ 8274.053
ABSENCE OR INACTION OF BOARD PRESIDENT.§ 8274.054
DISTRICT OFFICE.§ 8274.101
MUNICIPAL UTILITY DISTRICT POWERS.§ 8274.102
ADDITIONAL POWERS.§ 8274.103
EMINENT DOMAIN.§ 8274.104
COST OF RELOCATING OR ALTERING PROPERTY.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 8274.157, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8274.157.