Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle D. PROVISIONS APPLICABLE TO SECURITIES ISSUED BY COUNTIES |
Chapter 1302. DESTRUCTION OF COUNTY SECURITY |
Sec. 1302.003. LIMITATION
Latest version.
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A contract under Section 1302.002 may not authorize the destruction of a county security before:
(1) the first anniversary of the date the county security is paid; or
(2) the end of the third month after the date the depository, registrar, or paying agent files a list identifying the county security to be destroyed with the commissioners court or county treasurer.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.