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Tex. Local Government Code § 116.155

FAILURE OF DEPOSITORY TO PAY CHECK OR ORDER FOR PAYMENT

Texas · Texas Local Government Code · Status: effective

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Tex. Local Government Code § 116.155, FAILURE OF DEPOSITORY TO PAY CHECK OR ORDER FOR PAYMENT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/689285
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A depository that does not pay a check or order for payment as required by Section 116.116(a) is liable for and shall pay to the holder 10 percent of the amount of the check or order for payment, and the commissioners court shall revoke the order creating the depository.