Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Education Code § 45.162: INVESTMENT OF BOND PROCEEDS.

Where this section sits in the code

EDUCATION CODE
TITLE 2. PUBLIC EDUCATION
SUBTITLE I. SCHOOL FINANCE AND FISCAL MANAGEMENT
CHAPTER 45. SCHOOL DISTRICT FUNDS
SUBCHAPTER F. ATHLETIC STADIUM AUTHORITIES

In addition to other powers, an authority may invest the proceeds of its bonds, until that money is needed, in the direct obligations of or obligations unconditionally guaranteed by the United States, to the extent authorized in the bond resolution or trust indenture or in both.

Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.

Collected 2026-08-27T01:47:05Z. Source file · JSON

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