105.015 – SELECTION OF DEPOSITORY. (a) The governing body
Texas Local Government Code § 105.015
Summary
This law allows a municipality's governing body to designate an officer to execute depository service contracts. It also provides the authority to reject applications for these services and re-advertise if necessary, while ensuring compliance with conflict of interest provisions.
Governing body can designate an officer for contracts.
Applications for depository services can be rejected.
Conflict of interest rules must be followed.
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In simple terms: Learn about Texas's SELECTION OF DEPOSITORY. (a) The governing body law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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