Tex. Spec. Dist. Local Laws Code § 9601.153 · Subchapter D. GENERAL FINANCIAL PROVISIONS
INVESTMENT OF DISTRICT MONEY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Chapter 2256, Government Code, applies to the district and the investment of district funds and funds under district control.
(b) The board may invest bond proceeds in a manner determined by the board or in the manner permitted or required in the proceedings authorizing the issuance of bonds or in the trust indenture securing the bonds.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 523 (S.B. 1223), Sec. 1, eff. June 19, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/SD/htm/SD.9601.htm
- Text hash
- sha256 ce1104f79c2f27ed5d5a3de4b513edac2771d56f978d37fc6d5ba104a50b05c1
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.