Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 20.114 - Legal Investments The bonds are legal and authorized investments for:
(4) savings and loan associations;(9) sinking funds of cities, 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.Added by Acts 1987, 70th Leg., ch. 728, Sec. 1, eff. 6/20/1987.