Gavvy: Loc. Gov’t Code, Sec. 131.902. Pursuit of Legal Remedies Against Suspended Bank.

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Sec. 131.902. Pursuit of Legal Remedies Against Suspended Bank.


Sec. 131.902.  PURSUIT OF LEGAL REMEDIES AGAINST SUSPENDED BANK.  A county, municipality, or district authority may proceed with available legal remedies against a suspended bank that is a depository for public funds of the authority if the authority considers that action to be in the best interest of the public.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.

Gavvy last updated this database on: Sep 6, 2024