Sec. 123.204.  ACTION AS AGENT OR DEPOSITORY OF UNITED STATES OR OTHER GOVERNMENTAL ENTITY.  A credit union may act as agent or depository of and accept for deposit the money of:
(1)  the United States or an agent or instrumentality of the United States;
(2)  this or another state;  or
(3)  a political subdivision of this or another state, including:
(A)  a municipality;
(B)  a county;
(C)  a school district;  or
(D)  another taxing authority.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.