Texas Local Government Code

Sec. § 271.008
Authorized Investments

The contract is a legal and authorized investment for:


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


insurance companies;


fiduciaries and trustees; and


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.

Last accessed
Jun. 7, 2021