113.024 – DEPOSIT OF MONEY DOES NOT AFFECT OWNERSHIP. The
Texas Local Government Code § 113.024
Summary
This law clarifies that depositing money into a county treasury does not alter the ownership of that money. It primarily protects the county officer and their surety during the deposit period, ensuring they are indemnified against claims related to the funds.
Ownership remains unchanged upon deposit in county treasury.
Indemnifies county officers and sureties during deposit.
Applies to all owners of the deposited money.
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In simple terms: Learn about Texas's DEPOSIT OF MONEY DOES NOT AFFECT OWNERSHIP. The 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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