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Tex. Local Government Code § 563.060

DISBURSEMENT OF UTILITY SYSTEM'S MONEY

Texas · Texas Local Government Code · Status: effective

Energy & Utilities
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Tex. Local Government Code § 563.060, DISBURSEMENT OF UTILITY SYSTEM'S MONEY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/694403
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(a) The board in its bylaws shall provide procedures under which money the board deposits in the county depository may be spent only after the board has determined that the money for payment was properly budgeted. Approval of the board is not required for the transfer of money to a paying agent to pay and secure an outstanding obligation. (b) A check issued by the board must be signed by at least two persons, at least one of whom is an officer of the board.