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

Tex. Water Code § 30.065: INVESTMENT OF PROCEEDS.

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Where this section sits in the code
  1. WATER CODE
  2. TITLE 2. WATER ADMINISTRATION
  3. SUBTITLE D. WATER QUALITY CONTROL
  4. CHAPTER 30. REGIONAL WASTE DISPOSAL
  5. SUBCHAPTER C. DISTRICT REVENUE BONDS

Pending their use, proceeds from the sale of bonds may be invested in securities or time deposits as specified in the resolution authorizing the issuance of the bonds or the trust indenture securing the bonds. The earnings on these investments shall be applied as provided in the resolution or trust indenture.

Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977.

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

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