GroundRules
Tex. Health and Safety Code § 301.011: BONDS AS SECURITY FOR DEPOSITS.
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
A hospital laundry cooperative association's bonds may secure the deposits of public funds of the state or a municipality, county, school district, or other political subdivision or corporation of the state. The bonds are lawful and sufficient security for those deposits in an amount up to their face value, if accompanied by all appurtenant unmatured coupons.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Collected 2026-08-27T01:47:17Z. Source file · JSON