Tex. Loc. Gov't Code § 116.153
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If a county depository becomes insolvent and it becomes necessary to resort to the depository's bond or bonds to recover funds of the county and the state, the state and county are entitled to share pro rata in the recovery.
Tex. Loc. Gov't. Code § 116.153