Sec. 105.076. DEBTS PAYABLE OTHER THAN AT MUNICIPAL TREASURY. The governing body of the municipality may direct the designated officer to withdraw from a depository and deposit money sufficient to pay a bond, coupon, or other indebtedness of the municipality at a place other than at the municipal treasury if by its terms the indebtedness is payable on maturity or upon redemption prior to maturity at the other location.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended 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 E. Depository Accounts
Section 105.071. Character and Amount of Deposits
Section 105.073. Deposit of Funds
Section 105.074. Payment of Funds
Section 105.075. Checks Payable at Depository
Section 105.076. Debts Payable Other Than at Municipal Treasury