Texas Local Government Code

Sec. § 271.008
Authorized Investments


The contract is a legal and authorized investment for:

(1)

banks, savings banks, trust companies, and savings and loan associations;

(2)

insurance companies;

(3)

fiduciaries and trustees; and

(4)

the sinking funds of a county, municipality, school district, or other political subdivision or corporation of this state.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source

Last accessed
Jun. 7, 2021