Tex. Local Government Code § 104.003: EFFECT OF EARLY WITHDRAWAL.
Where this section sits in the code
- LOCAL GOVERNMENT CODE
- TITLE 4. FINANCES
- SUBTITLE A. MUNICIPAL FINANCES
- CHAPTER 104. MUNICIPAL INVESTMENT OF TRUST FUNDS AND SPECIAL DEPOSITS
If any of the funds placed in time deposit accounts are required before maturity, they shall be made available by the depository bank, but the bank is not liable for interest earned on any amount withdrawn before maturity.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Collected 2026-08-27T01:47:27Z. Source file · JSON