S.B. No. 468




AN ACT

relating to the depository designated by the Hunt Memorial Hospital 
District.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 12, Chapter 125, Acts of the 60th 
Legislature, Regular Session, 1967, is amended to read as follows:
	Sec. 12.  The directors of the district shall by resolution 
designate a bank within the county in which the district is located 
as the district's depository [or treasurer] and all funds of the 
district shall be secured in the manner now provided for the 
security of county funds.  The depository shall serve for a period 
of five [two (2)] years until a successor has been named.
	SECTION 2.  The change in law made by this Act to Section 12, 
Chapter 125, Acts of the 60th Legislature, Regular Session, 1967, 
applies only to the designation of a depository by the Hunt Memorial 
Hospital District on or after the effective date of this Act.  A 
designation of a depository before the effective date of this Act is 
governed by the law in effect on the date the designation was made, 
and that law is continued in effect for that purpose.
	SECTION 3.  This Act takes effect immediately if it receives 
a vote of two-thirds of all the members elected to each house, as 
provided by Section 39, Article III, Texas Constitution.  If this 
Act does not receive the vote necessary for immediate effect, this 
Act takes effect September 1, 2005.





______________________________    ______________________________
President of the Senate             Speaker of the House
	I hereby certify that S.B. No. 468 passed the Senate on 
April 14, 2005, by the following vote:  Yeas 31, Nays 0.




______________________________ 
   Secretary of the Senate             
	I hereby certify that S.B. No. 468 passed the House on 
May 20, 2005, by a non-record vote.




______________________________ 
   Chief Clerk of the House            



Approved:


______________________________ 
            Date



______________________________ 
          Governor