Tex. Health & Safety Code § 301.010 · Subchapter A. HOSPITAL LAUNDRY COOPERATIVE ASSOCIATIONS
BONDS AS INVESTMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Bonds issued by a hospital laundry cooperative association under this subchapter are legal and authorized investments for:
(1) a bank;
(2) a savings and loan association;
(3) an insurance company;
(4) a fiduciary;
(5) a trustee; and
(6) a sinking fund of a municipality, county, school district, or other political subdivision or corporation of the state or other public fund of the state or a state agency, including the permanent school fund.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.301.htm
- Text hash
- sha256 7db9cbbf941433b267f9c997c490d7853d6852be0ba9e704936e5e09eb9243f8
- 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.