Tex. Nat. Res. Code § 62.136 · Subchapter E. ISSUANCE OF BONDS
SECURITY FOR DEPOSITS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The bonds are eligible to secure the deposit of public funds of the state and public funds of cities, towns, villages, or other political corporations or subdivisions of the state and are lawful and sufficient security for deposits to the extent of their face value when accompanied by all unmatured interest coupons appurtenant to them.
Notes and commentary — not statutory text
History
Acts 1977, 65th Leg., p. 2498, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/NR/htm/NR.62.htm
- Text hash
- sha256 4dce9ada7a9efc9d5c41d74237a7d409ffd95e7637895fe922b6cd7077535300
- 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.