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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Money belonging to or under the control of the board must be deposited and secured substantially in the manner prescribed by law for county funds.
(b) The board shall select one or more depositories.
(c) A warrant or check for the withdrawal of money must be signed by an officer of the board and one other park commissioner or by two bonded employees of the board. The board by resolution entered in its minutes shall designate the officer and park commissioner or the employees authorized to sign the warrants or checks.
(d) The board may disburse funds under its control for any lawful purpose for the benefit of a park under its control.
Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 322.042. Depositories and Disbursements - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-322-042/
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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