Sec. 563.059. DEPOSIT OF REVENUE. (a) Except as provided by Subsection (b), the treasurer of the board shall deposit all revenue from a system operated and managed by the board to the credit of one or more separate accounts in the county depository.
(b) The treasurer may deposit amounts set aside for the payment or security of obligations issued on behalf of the board with the paying agent as provided by the order authorizing the issuance of the obligations.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 15, eff. Sept. 1, 1999.
Renumbered from Local Government Code, Section 413.059 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(b)(3), eff. April 1, 2009.
Structure Texas Statutes
Title 13 - Water and Utilities
Subchapter B. County Utility System Board for Water, Wastewater, or Solid Waste System
Section 563.052. Authority to Establish Board
Section 563.053. Board Composition
Section 563.054. Board Officers
Section 563.055. Compensation of Directors
Section 563.056. Applicability of Other Law to Board and County
Section 563.058. Utility System's Budget
Section 563.059. Deposit of Revenue
Section 563.060. Disbursement of Utility System's Money
Section 563.061. Rates and Charges
Section 563.062. Use of Eminent Domain Prohibited
Section 563.063. Extension or Improvement of System
Section 563.064. Purchase of Water or Wastewater System
Section 563.065. Abolition of Conservation and Reclamation District
Section 563.066. Authority to Issue Ad Valorem Tax Obligations