Texas Local Government Code 105.018 – Additional Services
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Local Government Code 105.018
- Contract: A legal written agreement that becomes binding when signed.
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
In addition to depository services, a municipality may contract with financial institutions, including banks, credit unions, and savings associations, for additional financial services under a separate contract if the governing body of the municipality determines that additional financial services are necessary in the administration, collection, investment, and transfer of municipal funds.