116.113 – DEPOSIT OF FUNDS. (a) Immediately after the
Texas Local Government Code § 116.113
Summary
This law mandates that once a county depository is designated, the county treasurer must transfer all county funds to that depository. It also requires immediate deposits of any new funds received after the designation, ensuring proper management of public funds.
County treasurer must transfer all funds to designated depository.
Applies to county, district, and municipal funds.
Requires immediate deposits of new funds received.
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In simple terms: Learn about Texas's DEPOSIT OF FUNDS. (a) Immediately after 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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