{"data":{"id":"us-tx/tex.-local-government-code-131.002","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 131.002","heading":"DUTIES OF SPECIAL DEPOSITORY.","body":"The special depository shall assume the payment of the amount of public funds due by the suspended bank on the date of its suspension, including interest to that date, and shall pay that amount to the designated local government authority in accordance with the contract entered into by the special depository.\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.","path":["LOCAL GOVERNMENT CODE","TITLE 4. FINANCES","SUBTITLE C. FINANCIAL PROVISIONS APPLYING TO MORE THAN ONE TYPE OF LOCAL GOVERNMENT","CHAPTER 131. DEPOSITORY PROVISIONS AFFECTING FUNDS OF MUNICIPALITIES, COUNTIES, AND OTHER LOCAL GOVERNMENTS","SUBCHAPTER A. SPECIAL DEPOSITORY"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.131.htm#131.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"b2a5f672d493b507c899c6f973c55bda681955ae682b912d3c4ac90715e1234a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-131.001","next":"us-tx/tex.-local-government-code-131.003"},"notice":"GroundRules: Original legal text. Not legal advice."}