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Tex. Local Government Code § 116.089

SURRENDER OF INTEREST ON SECURITIES

Texas · Texas Local Government Code · Status: effective

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Tex. Local Government Code § 116.089, SURRENDER OF INTEREST ON SECURITIES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/689268
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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.