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

Tex. Government Code § 2306.172: ACQUISITION AND USE OF MONEY; DEPOSITORIES.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 10. GENERAL GOVERNMENT
  3. SUBTITLE G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS
  4. CHAPTER 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS
  5. SUBCHAPTER H. HOUSING FINANCE DIVISION: GENERAL POWERS AND DUTIES OF DEPARTMENT

The department may:

(1) acquire, hold, invest, deposit, use, and spend its income and money from every source; and

(2) select its depository or depositories, subject only to the provisions of:

(A) this chapter; and

(B) a covenant relating to the department's bonds issued by the housing finance division.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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