{"data":{"id":"us-tx/tex.-water-code-17.880","jurisdiction":"us-tx","citation":"Tex. Water Code § 17.880","heading":"SALE OF SECURITIES.","body":"(a) Loans, bonds of political subdivisions, and other obligations owned by the state and deposited in the fund or in the interest and sinking fund are considered to be securities under this subchapter.\n(b) The board may sell securities owned in the interest and sinking fund or in any account in the fund at the governing market price.\nAdded by Acts 1989, 71st Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2003, 78th Leg., ch. 200, Sec. 19(g), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 7, eff. Sept. 1, 2003.","path":["WATER CODE","TITLE 2. WATER ADMINISTRATION","SUBTITLE C. WATER DEVELOPMENT","CHAPTER 17. PUBLIC FUNDING","SUBCHAPTER J. AGRICULTURAL WATER CONSERVATION BOND PROGRAM"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.17.htm#17.880","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"91f998860f224137375bc140559d66d90bc97a386cf1e6cfd9af44b1065056e5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-17.879","next":"us-tx/tex.-water-code-17.881"},"notice":"GroundRules: Original legal text. Not legal advice."}