Sec. 264.027. DEPOSITORY. The authority may:
(1) select a depository in the same manner that a county may select a depository under Chapter 116, Local Government Code; or
(2) award its depository contract to the depository or depositories of the county on the same terms as the terms of the county depository agreement.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.