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Tex. Agriculture Code § 41.060

This is the official text of Tex. Agriculture Code § 41.060, part of Texas’s Agriculture Code — regulates farming, livestock, and agricultural commerce.

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§ 41.060. DEPOSITORY BANK; EXPENDITURE OF FUNDS.

Official statutory text

(a) The secretary-treasurer shall deposit all money received by the board under this chapter, including assessments, donations from persons, and grants from governmental agencies, in a bank selected by the board.

(b) Money received by the board may be expended for any purpose under this chapter.

(c) Funds assessed and collected under this chapter may not be expended for use directly or indirectly to promote or oppose the election of any candidate for public office or to influence legislation.

Status: in_force · Read it on the official government site

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