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

Tex. Special District Local Laws Code § 7807.154: INVESTMENT OF DISTRICT MONEY.

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Where this section sits in the code
  1. SPECIAL DISTRICT LOCAL LAWS CODE
  2. TITLE 6. WATER AND WASTEWATER
  3. SUBTITLE E. LEVEE IMPROVEMENT DISTRICTS
  4. CHAPTER 7807. VALWOOD IMPROVEMENT AUTHORITY OF DALLAS COUNTY, TEXAS
  5. SUBCHAPTER D. GENERAL FINANCIAL PROVISIONS

District money may be invested by the board, the treasurer, or another qualified representative of the district in direct or indirect obligations of the United States, the state, or any political subdivision of the state, or may be placed in certificates of deposit of state or national banks or savings and loan associations in this state, if that money is secured in the manner provided for the security of county funds.

Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.02, eff. April 1, 2013.

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

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