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

Tex. Parks and Wildlife Code § 21.110: INVESTMENT OF FUNDS.

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Where this section sits in the code
  1. PARKS AND WILDLIFE CODE
  2. TITLE 3. PARKS
  3. CHAPTER 21. TEXAS PARK DEVELOPMENT FUND
  4. SUBCHAPTER B. FUNDING PROVISIONS

(a) The department may invest the development fund and, in making the investments, is governed by the provisions of Chapter 401, Acts of the 60th Legislature, Regular Session, 1967.

(b) The department may invest the interest and sinking fund only in direct obligations of the United States or in obligations the principal and interest of which are guaranteed by the United States.

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.

Collected 2026-08-27T01:47:32Z. Source file · JSON

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