Tex. Water Code § 20.018
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The board may acquire, hold, invest and reinvest in authorized investments, deposit, use, and dispose of the authority's revenues, income, receipts, funds, and money from every source and may select its depository or depositories, inside or outside the state, subject only to this chapter and any covenants with respect to the authority's bonds.
Tex. Water Code § 20.018