Tex. Loc. Gov't Code § 325.086

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 325.086 - Bonds As Investments

District bonds are legal and authorized investments for:

(1) banks;

(2) trust companies;

(3) savings and loan associations;

(4) insurance companies;

(5) fiduciaries;

(6) trustees;

(7) guardians; and

(8) sinking funds of municipalities, 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.

Tex. Loc. Gov't. Code § 325.086

Added by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. 8/28/1989.