Texas Statutes

§ 9601.152 — DEPOSITORY.

Texas § 9601.152
JurisdictionTexas
Code SDSpecial District Local Laws Code

This text of Texas § 9601.152 (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. § 9601.152 (2026).

Text

Sec. 9601.152. DEPOSITORY. District money shall be deposited in the depository or depositories designated by the board, except that:

(1)bond proceeds and money pledged to pay bonds, to the extent provided in the proceedings authorizing the issuance of bonds, or the trust indenture securing the bonds, may be deposited with another depository or trustee named in the proceedings or trust indenture; and
(2)money shall be remitted to each paying agent for the payment of principal of and interest on the bonds.

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Legislative History

Added by Acts 2009, 81st Leg., R.S., Ch. 523 (S.B. 1223 ), Sec. 1, eff. June 19, 2009.

Nearby Sections

15
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Bluebook (online)
Texas § 9601.152, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/9601.152.