Tex. Water Code § 30.065
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Pending their use, proceeds from the sale of bonds may be invested in securities or time deposits as specified in the resolution authorizing the issuance of the bonds or the trust indenture securing the bonds. The earnings on these investments shall be applied as provided in the resolution or trust indenture.
Tex. Water Code § 30.065