Texas Attorney General Reports July 2, 1973, H-38 (Untitled Texas Attorney General Opinion)

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May 11, 1973

The Honorable James H. Whitcomb Opinion No. H- 38

County Attorney, Colorado County

P, 0. Box 867 Re: May Commissioners Court

Columbus, Texas 78934 accept a bid as depository

bank either with an illegal

rate of interest or pro-

viding that the bank will

pay “the legal rate of in-

terest” and related ques -

Dear Mr. Whitcomb: tions.