Tex. Gov't Code § 1201.043 · Subchapter C. FINANCIAL ASPECTS OF PUBLIC SECURITY
USE OF INVESTMENT INCOME.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An issuer authorized to invest proceeds from the sale of a public security, including by placing the proceeds on time deposit, may use money earned from the investment for the purpose for which the public security was issued.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1201.htm
- Text hash
- sha256 9fd058fa25e49b21e88228b8a32e380fc6b1949dc15172f5ea5da8a7f6412d0d
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.