{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1111.206","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1111.206","heading":"INVESTMENT OF GENERAL OBLIGATION BOND PROCEEDS.","body":"Until general obligation bond proceeds are needed to carry out the bond purpose, the proceeds may be:\n(1) invested in direct obligations of the United States; or\n(2) placed on time deposit.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1111. WALKER COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1111.htm#1111.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"33ed9d7a1400b2c0653cc8cb774794c1d8b5d1b16aeaaa5512c05e40d8122567","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1111.205","next":"us-tx/tex.-special-district-local-laws-code-1111.207"},"notice":"GroundRules: Original legal text. Not legal advice."}