Tex. Water Code Section 66.317
Bonds as Investments


District bonds are legal and authorized investments for:

(1)

banks;

(2)

savings banks;

(3)

trust companies;

(4)

savings and loan associations;

(5)

insurance companies;

(6)

fiduciaries;

(7)

trustees;

(8)

guardians; and

(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.
Added by Acts 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.

Source: Section 66.317 — Bonds as Investments, https://statutes.­capitol.­texas.­gov/Docs/WA/htm/WA.­66.­htm#66.­317 (accessed Apr. 13, 2024).

Accessed:
Apr. 13, 2024

§ 66.317’s source at texas​.gov