GroundRules
Tex. Health and Safety Code § 301.010: BONDS AS INVESTMENTS.
Where this section sits in the code
- HEALTH AND SAFETY CODE
- TITLE 4. HEALTH FACILITIES
- SUBTITLE E. COOPERATIVE ASSOCIATIONS
- CHAPTER 301. COOPERATIVE ASSOCIATIONS
- SUBCHAPTER A. HOSPITAL LAUNDRY COOPERATIVE ASSOCIATIONS
Bonds issued by a hospital laundry cooperative association under this subchapter are legal and authorized investments for:
(1) a bank;
(2) a savings and loan association;
(3) an insurance company;
(4) a fiduciary;
(5) a trustee; and
(6) a sinking fund of a municipality, county, school district, or other political subdivision or corporation of the state or other public fund of the state or a state agency, including the permanent school fund.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Collected 2026-08-27T01:47:17Z. Source file · JSON