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

Tex. Water Code § 53.187: INVESTMENT OF SINKING FUND.

Where this section sits in the code

WATER CODE
TITLE 4. GENERAL LAW DISTRICTS
CHAPTER 53. FRESH WATER SUPPLY DISTRICTS
SUBCHAPTER F. BOND AND TAX PROVISIONS

The board may invest the district's sinking funds in county, municipal, district, or other bonds in which other sinking funds may by law be invested. The board may also invest the sinking funds in bonds of the series to which the funds apply, if the bonds are offered for redemption before maturity on terms the board deems advantageous to the district.

Acts 1971, 62nd Leg., p. 418, ch. 58, Sec. 1, eff. Aug. 30, 1971.

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

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