{"data":{"id":"us-tx/tex.-special-district-local-laws-code-8104.253","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 8104.253","heading":"INVESTMENT AUTHORITY.","body":"The authority may invest:\n(1) money held in any sinking fund, reserve fund, or other fund; or\n(2) money not required for immediate use or disbursement in the securities as provided by this chapter.\nAdded by Acts 2005, 79th Leg., Ch. 729 (H.B. 2019), Sec. 1.06, eff. April 1, 2007.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 6. WATER AND WASTEWATER","SUBTITLE F. MUNICIPAL UTILITY DISTRICTS","CHAPTER 8104. BAYTOWN AREA WATER AUTHORITY","SUBCHAPTER F. GENERAL FINANCIAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.8104.htm#8104.253","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"40a8ec23415d5ddb7e621db016c09a0c28dbdcf0f5f521601d4cf378e827d912","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-8104.252","next":"us-tx/tex.-special-district-local-laws-code-8104.254"},"notice":"GroundRules: Original legal text. Not legal advice."}