{"data":{"id":"us-tx/tex.-water-code-20.114","jurisdiction":"us-tx","citation":"Tex. Water Code § 20.114","heading":"LEGAL INVESTMENTS.","body":"The bonds are legal and authorized investments for:\n(1) banks;\n(2) savings banks;\n(3) trust companies;\n(4) savings and loan associations;\n(5) insurance companies;\n(6) fiduciaries;\n(7) trustees;\n(8) guardians; and\n(9) sinking funds of cities, counties, school districts, and other political subdivisions of the state and other public funds of the state and its agencies, including the permanent school fund.\nAdded by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. June 20, 1987.","path":["WATER CODE","TITLE 2. WATER ADMINISTRATION","SUBTITLE C. WATER DEVELOPMENT","CHAPTER 20. TEXAS WATER RESOURCES FINANCE AUTHORITY","SUBCHAPTER E. BOND PROCEDURES"],"source_url":"https://statutes.capitol.texas.gov/Docs/WA/htm/WA.20.htm#20.114","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:48Z","sha256":"82e6c1d73550b5b9524f383be7de103869624147dabbad53dddbd27aa307d939","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-water-code-20.113","next":"us-tx/tex.-water-code-20.115"},"notice":"GroundRules: Original legal text. Not legal advice."}