Tex. Spec. Dists. Code § 8282.206
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
At the direction of the board or any other authorized district representative or investment officer, district money may be invested in direct or indirect obligations of the United States, the state, or any political subdivision of the state, or may be placed in certificates of deposit of state or national banks or savings and loan associations in this state, if that money is secured in the manner provided for the security of county funds.
Tex. Spec. Dist. Loc. Laws § 8282.206