HOUSE BILL 3312 |
HOUSE AUTHOR: Capelo |
EFFECTIVE: 06-20-03 |
SENATE SPONSOR: Hinojosa |
House Bill 3312 amends the Local Government Code to allow the commissioners court of a county to either (1) designate a county employee or official to approve a depository's substitution of one type of security for another or its replacement of particular securities with others of the same type, or (2) adopt a procedure for approving a substitute or replacement security.