GroundRules
Tex. Local Government Code § 552.074: AUTHORIZED INVESTMENT.
Where this section sits in the code
- LOCAL GOVERNMENT CODE
- TITLE 13. WATER AND UTILITIES
- SUBTITLE A. MUNICIPAL WATER AND UTILITIES
- CHAPTER 552. MUNICIPAL UTILITIES
- SUBCHAPTER D. IMPROVEMENTS TO WATER AND SEWER SYSTEMS IN CERTAIN MUNICIPALITIES
A certificate of special assessment issued under this subchapter, including a certificate issued under a joint proceeding under Section 552.072, is a legal and authorized investment for a bank, savings bank, trust company, savings and loan association, insurance company, sinking fund of a municipality, county, school district, or other political subdivision of this state, and for all other public funds of this state or an agency of this state.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Renumbered from Local Government Code, Section 402.074 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(a)(2), eff. April 1, 2009.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.77(11), eff. April 1, 2009.
Collected 2026-08-27T01:47:27Z. Source file · JSON