Texas § WA.60.271 - SELECTION OF DEPOSITORY
Full text of Texas The Texas Constitution § WA.60.271 — SELECTION OF DEPOSITORY, with citation guidance and answers to common questions.
§ WA.60.271. SELECTION OF DEPOSITORY
SELECTION OF DEPOSITORY. (a) Except as provided by this section, the commission shall select a depository for the district in the same manner that a municipality selects a municipal depository under Chapter 105 , Local Government Code. (b) The commission in selecting the depository shall act in the same capacity and perform the same duties as the governing body of a municipality in selecting a municipal depository. The chairman of the commission shall act in the same capacity and perform the same duties as the mayor of a municipality. The treasurer of the district shall act in the same capacity and perform the same duties as the treasurer of a municipality. (c) A bank, credit union, or savings association may not use personal bonds to secure district funds. (d) Subchapter B , Chapter 2256 , Government Code, does not govern the investment of district funds. (e) Section 105.074 (e), Local Government Code, applies to the designated officer of the district. (f) The district shall adopt payment procedures consistent with Section 105.074 (g), Local Government Code. The designated officer of a district may draw a check on a depository only on a warrant signed by the presiding officer and attested by the secretary of the district, or by a procedure adopted under this section. (g) In this section, "designated officer" has the meaning assigned by Section 105.001 , Local Government Code. Acts 1971, 62nd Leg., p. 110, ch. 58, Sec. 1, eff. Aug. 30, 1971. Amended by Acts 1997, 75th Leg., ch. 1400, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1027 (H.B. 2770 ), Sec. 11, eff. June 17, 2011.
Frequently Asked Questions About Texas § WA.60.271
What does The Texas Constitution § WA.60.271 cover?
Section WA.60.271 ("SELECTION OF 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 § WA.60.271?
A common citation format is "The Texas Constitution § WA.60.271" (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 § WA.60.271 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.