Tex. Health & Safety Code § 301.040 · Subchapter B. MISCELLANEOUS COOPERATIVE ASSOCIATIONS
BONDS AS INVESTMENTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Bonds issued by a 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; and
(5) a trustee.
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 8f0c9530191965123a06d9318b495c067e37c0a33be7655a2ee7e9c1a2094338
- 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.