Tex. Educ. Code § 45.162
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
In addition to other powers, an authority may invest the proceeds of its bonds, until that money is needed, in the direct obligations of or obligations unconditionally guaranteed by the United States, to the extent authorized in the bond resolution or trust indenture or in both.
Tex. Educ. Code § 45.162