Texas Statutes (Last Updated: January 4, 2014) |
LOCAL GOVERNMENT CODE |
Title 4. FINANCES |
Subtitle B. COUNTY FINANCES |
Chapter 116. DEPOSITORIES FOR COUNTY PUBLIC FUNDS |
Subchapter D. MAINTENANCE AND MODIFICATION OF SECURITY |
Sec. 116.084. INADEQUATE SECURITY
Latest version.
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If for any reason the county funds on deposit with the county depository exceed the amount of security pledged, the depository shall immediately pledge additional security with the commissioners court.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.