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Relating to providing for a county depository for trust funds in the possession of County and District Clerks, providing the manner of selection and designation of same and paying out said funds and liability of depository for failure to pay checks drawn on said funds, requiring depositories to receive deposits of said funds and pay checks on same at the county seat, authorizing the Commissioners' Court to require a new bond of depositories, relieving County and District Clerks from liability for said funds upon deposit of same in the depository, making the County liable for the loss of any funds placed in the depository, requiring County and District Clerks having custody of money for more than three days deposited in Court to abide the result of any legal proceeding to deposit same in the depository, providing manner of carrying accounts in the depository and withdrawing same, providing manner of holding trust funds in counties not having a depository for trust funds, prescribing penalties for violation of the Act; providing that the same shall become effective February 10, 1931.