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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 2257.043: DEPOSITORY AS CUSTODIAN OR PERMITTED INSTITUTION.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 10. GENERAL GOVERNMENT
  3. SUBTITLE F. STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT
  4. CHAPTER 2257. COLLATERAL FOR PUBLIC FUNDS
  5. SUBCHAPTER C. CUSTODIAN; PERMITTED INSTITUTION

(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.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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