Tex. Government Code § 1201.043: USE OF INVESTMENT INCOME.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 9. PUBLIC SECURITIES
- SUBTITLE A. GENERAL PROVISIONS
- CHAPTER 1201. PUBLIC SECURITY PROCEDURES ACT
- SUBCHAPTER C. FINANCIAL ASPECTS OF PUBLIC SECURITY
An issuer authorized to invest proceeds from the sale of a public security, including by placing the proceeds on time deposit, may use money earned from the investment for the purpose for which the public security was issued.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Collected 2026-08-27T01:47:16Z. Source file · JSON