Tex. Transp. Code § 228.116

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

Section 228.116 - Valuation of Bonds Securing Deposit of Public Funds

Bonds of the commission may secure the deposit of public funds of the state or a political subdivision of the state to the extent of the lesser of the face value of the bonds or their market value.

Transferred from Transportation Code, Section 361.188 and amended by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702), Sec. 2.42, eff. June 14, 2005

Acts 2003, 78th Leg., ch. 1325, Sec. 15.36, eff. June 21, 2003

Amended by Acts 2003, 78th Leg., ch. 312, Sec. 38, eff. June 18, 2003

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.