Tex. Spec. Dist. Local Laws Code § 11006.202 · Subchapter E. GENERAL FINANCIAL PROVISIONS
INVESTMENT OF AUTHORITY MONEY.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The board may invest authority money in obligations and make time deposits of authority money in the manner determined by the board or in the manner permitted or required in a resolution or trust indenture authorizing or securing authority bonds.
Notes and commentary — not statutory text
History
Added by Acts 2015, 84th Leg., R.S., Ch. 855 (S.B. 1162), Sec. 1.07, eff. April 1, 2017.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.11006.htm
- Text hash
- sha256 6a65b944a6122ca86c86d5f8ef0163767a7aedce0dcc0b6613347a6d17ccf529
- 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.