Texas § LG.116.024 - SELECTION OF DEPOSITORIES AND SUBDEPOSITORIES
Full text of Texas The Texas Constitution § LG.116.024 — SELECTION OF DEPOSITORIES AND SUBDEPOSITORIES, with citation guidance and answers to common questions.
§ LG.116.024. SELECTION OF DEPOSITORIES AND SUBDEPOSITORIES
SELECTION OF DEPOSITORIES AND SUBDEPOSITORIES. (a) At the meeting at which banks are to be selected as county depositories, the commissioners court shall: (1) enter in the minutes of the court all applications filed with the county judge; (2) consider all applications; and (3) select the qualified applicants that offer the most favorable terms and conditions for the handling of the county funds. (b) The commissioners court may reject those applicants whose management or condition, in the opinion of the commissioners court, does not warrant placing county funds in their possession. (c) After selecting one or more county depositories, the commissioners court shall immediately return the certified checks of the rejected applicants. The commissioners court shall return the check of a successful applicant when the applicant executes and files a depository bond that is approved by the commissioners court. (d) The conflict of interests provisions of Section 131.903 apply to the selection of the depositories. (e) After selecting one or more subdepositories, the commissioners court shall immediately notify each selected applicant of its selection. Within 15 days, the selected applicant must file a bond or other security as approved by the commissioners court. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987. Amended by Acts 1991, 72nd Leg., ch. 527, Sec. 4, 5, eff. Sept. 1, 1991; Acts 1993, 73rd Leg., ch. 268, Sec. 29, eff. Sept. 1, 1993. Amended by: Acts 2007, 80th Leg., R.S., Ch. 899 (H.B. 2641 ), Sec. 4, eff. June 15, 2007.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § LG.116.024
What does The Texas Constitution § LG.116.024 cover?
Section LG.116.024 ("SELECTION OF DEPOSITORIES AND SUBDEPOSITORIES") 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 § LG.116.024?
A common citation format is "The Texas Constitution § LG.116.024" (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 § LG.116.024 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.