{"data":{"id":"us-tx/tex.-local-government-code-325.086","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 325.086","heading":"BONDS AS INVESTMENTS.","body":"District bonds are legal and authorized investments for:\n(1) banks;\n(2) trust companies;\n(3) savings and loan associations;\n(4) insurance companies;\n(5) fiduciaries;\n(6) trustees;\n(7) guardians; and\n(8) sinking funds of municipalities, 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.\nAdded by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.","path":["LOCAL GOVERNMENT CODE","TITLE 10. PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES","SUBTITLE B. COUNTY PARKS AND OTHER RECREATIONAL AND CULTURAL RESOURCES","CHAPTER 325. SPORTS FACILITY DISTRICT ESTABLISHED BY COUNTY","SUBCHAPTER E. DISTRICT BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.325.htm#325.086","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"4df52e91880bcb236a1151483d57d6e40871454336e09b6b1011eecd0c3ed5e0","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-325.085","next":"us-tx/tex.-local-government-code-325.087"},"notice":"GroundRules: Original legal text. Not legal advice."}