Texas Register

TITLE 19 EDUCATION
PART 2TEXAS EDUCATION AGENCY
CHAPTER 109BUDGETING, ACCOUNTING, AND AUDITING
SUBCHAPTER DUNIFORM BANK BID AND DEPOSITORY CONTRACT
RULE §109.52Uniform Depository Bank Contract and Surety Bond Forms
ISSUE 02/23/2001
ACTION Final/Adopted
Preamble Texas Admin Code Rule

(a)Each school district is to use a depository contract form as specified in Texas Education Code (TEC), 45.208. The depository contract form must be completed and filed with the Texas Education Agency (TEA) as specified in TEC, §45.208, and in accordance with filing instructions specified in the form.

(b)The depository contract form is provided in this subsection entitled "Depository Contract for Funds of Independent School Districts Under Texas Education Code, Chapter 45, Subchapter G, School District Depositories."

Attached Graphic

(c)In the event that a school district's depository elects a surety bond to secure school district deposit amounts less any applicable Federal Deposit Insurance Corporation insurance, a surety bond form must be completed and filed with the TEA as specified in TEC, §45.208.

(d)The surety bond form is provided in this subsection entitled "Texas School Depository Bond Form."

Attached Graphic

This agency hereby certifies that the adoption has been reviewed by legal counsel and found to be a valid exercise of the agency's legal authority.

Filed with the Office of the Secretary of State on February 12, 2001

TRD-200100870

Criss Cloudt

Associate Commissioner, Accountability Reporting and Research

Texas Education Agency

Effective date: March 4, 2001

Proposal publication date: November 24, 2000

For further information, please call: (512) 463-9701



Next Page Previous Page

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page