DEPOSITORY CONTRACT FOR FUNDS
OF
OPEN-ENROLLMENT CHARTER SCHOOLS UNDER
CHAPTER 12,
SUBCHAPTER D.
STATE OF
County-District
Number________________________________________
FEIN Number (Federal
Identification Number)______________________
Bank Routing Number
_________________________________________
ARTICLE
I. (insert name of depository bank), hereinafter referred to as the “Depository,”
located at (insert address, city, zip code, name of county) County,
State of Texas, being a bank as that term is defined in section 45.201 of the
Texas Education Code, hereinafter referred to as “the Code,” was duly selected
by the governing body of the (insert name of school) Charter School
located in (insert county) County, Texas, hereinafter referred to as the
“school,” to serve as the Depository of the school funds of the School received
under section 12.106, Texas Education Code, except those school funds permitted
by law to be deposited or invested in accordance with sections
2256.009-2256.016, Texas Government Code at the sole discretion of the
governing board of the school. The
action of the governing board of the school was duly taken and the Depository
is to serve pursuant to this contract until its successor is selected and has
qualified unless sooner terminated by Depository’s failure to adhere to all
requirements of the Code and of this contract.
ARTICLE
II. This contract is executed by the school and the Depository in three copies,
all of which shall be deemed originals.
TO BE COMPLETED
BY SCHOOL AND VERIFIED BY BANK (For all funds received from the Texas Education
Agency)
Type of Account: __________
Checking ___________ Savings (Check One)
Transit Routing Number
_________________________________________ (Must be 9 digits)
Account Number
_______________________________________________ (Up to 13 digits)
AGREED AND ACCEPTED on behalf
of the school this the ______day of________________,
200_.
Signature of President of
School Board _____________________________________________
Signature of Secretary of
School Board _____________________________________________
A T T E S T:
AGREED AND ACCEPTED on behalf
of Depository this the ___day of__________________, 200_.
Typed Name of Depository________________________________
Signature of Authorized
Officer_____________________________
Title of Authorized
Officer_________________________________
Acknowledgment
STATE OF
Before me, the
undersigned authority in and for said county and state, on this day personally
appeared (insert name of bank officer)________________________________ known to
me to be the person whose name is subscribed to the foregoing instrument on
behalf of the Depository named therein, and known to me to be an officer
authorized to execute the foregoing instrument on behalf of said depository,
and acknowledged to me that (s)he executed the same as the act and deed of said
Depository, for the purpose therein expressed and in the capacity therein
stated.
Given under my hand and seal
of office this the ______ day of _____________________, 200_.
|
(SEAL) |
Signature of
Notary_______________________________ Notary Public in and for
___________________________ County, My Commission Expires:
_________________________ |
ACCEPTED AND FILED AT TEXAS
EDUCATION AGENCY,
____________________ (Date),
_________________________________________ (Signature)
The School Financial Audits Division.