{"data":{"id":"us-tx/tex.-local-government-code-552.074","jurisdiction":"us-tx","citation":"Tex. Local Government Code § 552.074","heading":"AUTHORIZED INVESTMENT.","body":"A certificate of special assessment issued under this subchapter, including a certificate issued under a joint proceeding under Section 552.072, is a legal and authorized investment for a bank, savings bank, trust company, savings and loan association, insurance company, sinking fund of a municipality, county, school district, or other political subdivision of this state, and for all other public funds of this state or an agency of this state.\nActs 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.\nRenumbered from Local Government Code, Section 402.074 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.76(a)(2), eff. April 1, 2009.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278), Sec. 3.77(11), eff. April 1, 2009.","path":["LOCAL GOVERNMENT CODE","TITLE 13. WATER AND UTILITIES","SUBTITLE A. MUNICIPAL WATER AND UTILITIES","CHAPTER 552. MUNICIPAL UTILITIES","SUBCHAPTER D. IMPROVEMENTS TO WATER AND SEWER SYSTEMS IN CERTAIN MUNICIPALITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/LG/htm/LG.552.htm#552.074","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:27Z","sha256":"13e837818ed50d7d90e1dc4ae1ccaa3c2df5397e398dce3786c432a64e08e621","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-local-government-code-552.073","next":"us-tx/tex.-local-government-code-552.075"},"notice":"GroundRules: Original legal text. Not legal advice."}