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

Tex. Special District Local Laws Code § 1111.206: INVESTMENT OF GENERAL OBLIGATION BOND PROCEEDS.

Where this section sits in the code

Until general obligation bond proceeds are needed to carry out the bond purpose, the proceeds may be:

(1) invested in direct obligations of the United States; or

(2) placed on time deposit.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Collected 2026-08-27T01:47:41Z. Source file · JSON