Sec. 116.025. DESIGNATION OF DEPOSITORY OR SUBDEPOSITORY. When security is provided in accordance with Subchapter C and is approved by the commissioners court, the commissioners court shall, by an order entered in its minutes, designate the bank as a depository or subdepository for the funds of the county. The designation is effective until the end of the 60th day after the date fixed for the next selection of a depository or subdepository.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1991, 72nd Leg., ch. 527, Sec. 6, eff. Sept. 1, 1991.
Structure Texas Statutes
Chapter 116 - Depositories for County Public Funds
Subchapter B. Establishment of Depository
Section 116.021. Depository and Subdepository Contracts
Section 116.024. Selection of Depositories and Subdepositories
Section 116.025. Designation of Depository or Subdepository