yourstate.us
Home / Texas / Local Government Code
Tex. Local Government Code § 116.153

PRO RATA RECOVERY BY STATE AND COUNTY

Texas · Texas Local Government Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Local Government Code § 116.153, PRO RATA RECOVERY BY STATE AND COUNTY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/689283
Permanent ID
ys:prov:689283@1
SHA-256
b7aaa11e293f367fefcb271544c519270b420f61e7cdd16781d2bbfe1008ed0d

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

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.