Tex. Health & Safety Code Section 301.010
Bonds as Investments


Bonds issued by a hospital laundry cooperative association under this subchapter are legal and authorized investments for:

(1)

a bank;

(2)

a savings and loan association;

(3)

an insurance company;

(4)

a fiduciary;

(5)

a trustee; and

(6)

a sinking fund of a municipality, county, school district, or other political subdivision or corporation of the state or other public fund of the state or a state agency, including the permanent school fund.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Source: Section 301.010 — Bonds as Investments, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­301.­htm#301.­010 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 301.010’s source at texas​.gov