Texas § AG.41.060 - DEPOSITORY BANK

Full text of Texas The Texas Constitution § AG.41.060 — DEPOSITORY BANK, with citation guidance and answers to common questions.

§ AG.41.060. DEPOSITORY BANK

DEPOSITORY BANK; EXPENDITURE OF FUNDS. (a) The secretary-treasurer shall deposit all money received by the board under this chapter, including assessments, donations from persons, and grants from governmental agencies, in a bank selected by the board. (b) Money received by the board may be expended for any purpose under this chapter. (c) Funds assessed and collected under this chapter may not be expended for use directly or indirectly to promote or oppose the election of any candidate for public office or to influence legislation. Acts 1981, 67th Leg., p. 1088, ch. 388, Sec. 1, eff. Sept. 1, 1981.

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Frequently Asked Questions About Texas § AG.41.060

What does The Texas Constitution § AG.41.060 cover?

Section AG.41.060 ("DEPOSITORY BANK") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § AG.41.060?

A common citation format is "The Texas Constitution § AG.41.060" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § AG.41.060 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.