Tex. Loc. Gov't Code § 325.087 · Subchapter E. DISTRICT BONDS
BONDS AS SECURITY FOR DEPOSITS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
District bonds are eligible to secure deposits of public funds of the state and municipalities, counties, school districts, and other political subdivisions of the state. The bonds are lawful and sufficient security for deposits to the extent of their value when accompanied by all unmatured coupons.
Notes and commentary — not statutory text
History
Added by Acts 1989, 71st Leg., ch. 437, Sec. 1, eff. Aug. 28, 1989.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.325.htm
- Text hash
- sha256 4f56939613126dc54d71d354a635113831e563756e620af1a9cb6ab2ffe9bbe8
- 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.