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

Tex. Water Code § 17.890: LEGAL INVESTMENTS.

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Where this section sits in the code

WATER CODE
TITLE 2. WATER ADMINISTRATION
SUBTITLE C. WATER DEVELOPMENT
CHAPTER 17. PUBLIC FUNDING
SUBCHAPTER J. AGRICULTURAL WATER CONSERVATION BOND PROGRAM

The bonds are legal and authorized investments for:

(1) banks;

(2) savings banks;

(3) trust companies;

(4) savings and loan associations;

(5) insurance companies;

(6) fiduciaries;

(7) trustees;

(8) guardians; and

(9) sinking funds of cities, counties, school districts, and other political subdivisions of the state and other public funds of the state and its agencies, including the permanent school fund.

Added by Acts 1989, 71st Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1989.

Collected 2026-08-27T01:47:48Z. Source file · JSON

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