Sec. 2257.025. RECORDS OF DEPOSITORY. (a) A public entity's depository shall maintain a separate, accurate, and complete record relating to a pledged investment security, a deposit of public funds, and a transaction related to a pledged investment security.
(b) The comptroller or the public entity may examine and verify at any reasonable time a pledged investment security or a record a depository maintains under this section.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1997, 75th Leg., ch. 891, Sec. 3.16, eff. Sept. 1, 1997.
Structure Texas Statutes
Subtitle F - State and Local Contracts and Fund Management
Chapter 2257 - Collateral for Public Funds
Subchapter B. Depository; Security for Deposit of Public Funds
Section 2257.021. Collateral Required
Section 2257.022. Amount of Collateral
Section 2257.023. Collateral Policy
Section 2257.024. Contract for Securing Deposit of Public Funds
Section 2257.025. Records of Depository
Section 2257.026. Change in Amount or Activity of Deposits of Public Funds