Texas § HS.288.154 - DEPOSITORY

Full text of Texas The Texas Constitution § HS.288.154 — DEPOSITORY, with citation guidance and answers to common questions.

§ HS.288.154. DEPOSITORY

DEPOSITORY. (a) Each commission by resolution shall designate one or more banks located in the district as the depository for the district. A bank designated as depository serves for two years or until a successor is designated. (b) All income received by a district, including the revenue from mandatory payments remaining after discounts and fees for assessing and collecting the payments are deducted, shall be deposited with the district depository as provided by Section 288.203 and may be withdrawn only as provided by this chapter. (c) All district funds shall be secured in the manner provided for securing county funds. Added by Acts 2005, 79th Leg., Ch. 1367 (H.B. 2463 ), Sec. 1, eff. June 18, 2005. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 1369 (S.B. 1623 ), Sec. 11, eff. June 14, 2013.

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Frequently Asked Questions About Texas § HS.288.154

What does The Texas Constitution § HS.288.154 cover?

Section HS.288.154 ("DEPOSITORY") 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 § HS.288.154?

A common citation format is "The Texas Constitution § HS.288.154" (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 § HS.288.154 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.