Texas Local Government Code 344.208 – Deposit of Money
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(a) The board shall deposit district money in a special account in the treasury of the municipality that created the district.
(b) District money, other than that invested as provided by § 344.206(c), shall be deposited as received in the treasury of the municipality and must remain on deposit.
Terms Used In Texas Local Government Code 344.208
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
(c) The board shall reimburse the municipality for any costs, other than personnel costs, the municipality incurs for performing the duties under this section.