RELEASE OF EXCESS SECURITIES.
Austin City Code § 2-4-4
in effect§ 2-4-4 - RELEASE OF EXCESS SECURITIES.
If securities pledged by a depository bank exceed the amount of City funds on deposit in the bank, the city manager and director of the Financial and Administrative Services Department shall permit the release of the excess securities.
Source: 1992 Code Section 5-8-4; Ord. 031204-9; Ord. 031211-11.
Source: City of Austin, City Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/tx/austin/codes/code_of_ordinances?nodeId=TIT2AD_CH2-4CIDE_S2-4-4REEXSEFetched: 10/27/2026
