Sec. 105.018. ADDITIONAL SERVICES. In addition to depository services, a municipality may contract with financial institutions, including banks, credit unions, and savings associations, for additional financial services under a separate contract if the governing body of the municipality determines that additional financial services are necessary in the administration, collection, investment, and transfer of municipal funds.
Added by Acts 1993, 73rd Leg., ch. 234, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Subtitle A - Municipal Finances
Chapter 105 - Depositories for Municipal Funds
Subchapter B. Establishment of Depository
Section 105.011. Depository Authorized
Section 105.014. Review of Applications
Section 105.015. Selection of Depository
Section 105.016. Designation of Depository