Tex. Loc. Gov't Code § 392.057 · Subchapter D. POWERS AND DUTIES OF A HOUSING AUTHORITY
INVESTMENT OF FUNDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An authority may invest any funds held in reserves or sinking funds or any funds not required for immediate disbursement in property or securities in which a savings bank may legally invest funds subject to its control.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.392.htm
- Text hash
- sha256 6fd9e942abc8034d6dc2b7c95d50860261dfb206c1ed5f6f14551060b320554e
- 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.