Tex. Loc. Gov't Code § 271.008

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

Section 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.

Tex. Loc. Gov't. Code § 271.008

Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. 9/1/1987.