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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The governing body of a municipality may authorize the designated officer to execute on the municipality's behalf one or more depository services contracts.
(b) The governing body may reject any of the applications and readvertise if all applications are rejected.
(c) The conflict of interests provisions of Section 131.903 apply to the selection of the depositories.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 105.015. Selection of Depository - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-105-015/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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