116.026 – APPLICANTS OUTSIDE COUNTY. (a) If no bank
Texas Local Government Code § 116.026
Summary
This law allows the commissioners court to seek applications from banks outside the county if no local bank applies to be the county depository. It ensures that the county can still designate a depository by considering banks from adjoining or other counties in Texas.
Commissioners court can seek banks from outside the county.
Applies if no local bank applies for depository status.
Allows for broader options in selecting a county depository.
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In simple terms: Learn about Texas's APPLICANTS OUTSIDE COUNTY. (a) If no bank 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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