{"data":{"id":"us-tx/tex.-water-code-17.032","jurisdiction":"us-tx","citation":"Tex. Water Code § 17.032","heading":"AUTHORIZED INVESTMENTS.","body":"Bonds issued under this chapter are legal and authorized investments for:\n(1) banks;\n(2) savings banks;\n(3) trust companies;\n(4) building and loan associations;\n(5) insurance companies;\n(6) fiduciaries;\n(7) trustees;\n(8) guardians; and\n(9) sinking funds of cities, towns, villages, counties, school districts, and other political subdivisions and public agencies of the state.\nAmended by Acts 1977, 65th Leg., p. 2207, ch. 870, Sec. 1, eff. Sept. 1, 1977; Acts 1987, 70th Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1987.","path":["WATER CODE","TITLE 2. WATER ADMINISTRATION","SUBTITLE C. WATER DEVELOPMENT","CHAPTER 17. PUBLIC FUNDING","SUBCHAPTER B. WATER DEVELOPMENT BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.17.htm#17.032","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"dd2b240c3fbd1538d2893949671f3509bd5af022067ad0bb55c94588a2a4bcd2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-17.031","next":"us-tx/tex.-water-code-17.033"},"notice":"GroundRules: Original legal text. Not legal advice."}