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

Tex. Local Government Code § 325.087: BONDS AS SECURITY FOR DEPOSITS.

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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 eligible to secure deposits of public funds of the state and municipalities, counties, school districts, and other political subdivisions of the state. The bonds are lawful and sufficient security for deposits to the extent of their value when accompanied by all unmatured coupons.

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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