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

Tex. Local Government Code § 325.086: BONDS AS INVESTMENTS.

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Where this section sits in the code
  1. LOCAL GOVERNMENT CODE
  2. TITLE 10. PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES
  3. SUBTITLE B. COUNTY PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES
  4. CHAPTER 325. SPORTS FACILITY DISTRICT ESTABLISHED BY COUNTY
  5. SUBCHAPTER E. DISTRICT BONDS

District bonds are legal and authorized investments for:

(1) banks;

(2) trust companies;

(3) savings and loan associations;

(4) insurance companies;

(5) fiduciaries;

(6) trustees;

(7) guardians; and

(8) sinking funds of municipalities, counties, school districts, and other political subdivisions of the state and other public funds of the state and its agencies, including the permanent school fund.

Added by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.

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

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