Tex. Spec. Dists. Code § 1002.251
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The board shall by resolution designate a bank within the county as the district's depository, and all funds of the district shall be secured in the manner provided for the security of county funds. Such depository shall serve for a period of five years and until a successor has been selected.
Tex. Spec. Dist. Loc. Laws § 1002.251