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

Tex. Water Code § 66.317: BONDS AS INVESTMENTS.

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Where this section sits in the code

WATER CODE
TITLE 4. GENERAL LAW DISTRICTS
CHAPTER 66. STORMWATER CONTROL DISTRICTS
SUBCHAPTER E. GENERAL FISCAL PROVISIONS

District 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 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.

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

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