Texas § 8282.205 DEPOSIT AND SECURITY OF DISTRICT MONEY.

Texas Statutes

§ 8282.205 — DEPOSIT AND SECURITY OF DISTRICT MONEY.

Texas § 8282.205

Code SDSpecial District Local Laws Code

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Bluebook

Tex. Special District Local Laws Code Code Ann. § 8282.205 (2026).

Text

Sec. 8282.205. DEPOSIT AND SECURITY OF DISTRICT MONEY.

(a)The district's treasurer shall have district money deposited and invested in the district's depository bank or other banks or savings associations selected by the district's authorized investment officers.

(b)To the extent that deposited or invested money 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.

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Sec. 8282.205. DEPOSIT AND SECURITY OF DISTRICT MONEY. (a) The district's treasurer shall have district money deposited and invested in the district's depository bank or other banks or savings associations selected by the district's authorized investment officers.
(b) To the extent that deposited or invested money 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.