Texas Government Code 2257.043 – Depository as Custodian or Permitted Institution
Current as of: 2024 | Check for updates
|
Other versions
(a) A public entity other than a state agency may prohibit a depository or an entity of which the depository is a branch from being the custodian of or permitted institution for a security the depository pledges to secure a deposit of public funds.
(b) A depository or an entity of which the depository is a branch may not be the custodian of or permitted institution for a security the depository pledges to secure a deposit of public funds by a state agency.
