Tex. Health & Safety Code Section 301.040
Bonds as Investments


Bonds issued by a 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; and

(5)

a trustee.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.

Source: Section 301.040 — Bonds as Investments, https://statutes.­capitol.­texas.­gov/Docs/HS/htm/HS.­301.­htm#301.­040 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 301.040’s source at texas​.gov