{"data":{"id":"us-tx/tex.-government-code-1201.043","jurisdiction":"us-tx","citation":"Tex. Government Code § 1201.043","heading":"USE OF INVESTMENT INCOME.","body":"An issuer authorized to invest proceeds from the sale of a public security, including by placing the proceeds on time deposit, may use money earned from the investment for the purpose for which the public security was issued.\nAdded by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.","path":["GOVERNMENT CODE","TITLE 9. PUBLIC SECURITIES","SUBTITLE A. GENERAL PROVISIONS","CHAPTER 1201. PUBLIC SECURITY PROCEDURES ACT","SUBCHAPTER C. FINANCIAL ASPECTS OF PUBLIC SECURITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1201.htm#1201.043","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"3bd1495f12686f40375a2e56543392e214528118f7ab8cbb92a59ee9fcf8b39f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-1201.042","next":"us-tx/tex.-government-code-1201.044"},"notice":"GroundRules: Original legal text. Not legal advice."}