1003.106 – PURCHASING AND ACCOUNTING PROCEDURES. (a) The
Texas Special District Local Laws Code § 1003.106
Summary
This law allows the board of a special district to establish purchasing and accounting procedures for the district. It ensures that there are defined methods for making purchases and managing expenditures, which is crucial for financial accountability.
Board sets purchasing and expenditure methods.
Requires prescribed accounting and control procedures.
Applies to special districts managing supplies and equipment.
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In simple terms: Learn about Texas's PURCHASING AND ACCOUNTING PROCEDURES. (a) 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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