Tex. Loc. Gov't Code § 116.089

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 116.089 - Surrender of Interest on Securities

On the request of a county depository, the commissioners court shall surrender, when due, interest coupons or other evidence of interest on securities deposited by the depository with the commissioners court if the securities remaining pledged by a depository are adequate to meet the requirements of the commissioners court.

Tex. Loc. Gov't. Code § 116.089

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.