Tex. Water Code § 66.317 · Subchapter E. GENERAL FISCAL PROVISIONS
BONDS AS INVESTMENTS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
District bonds are legal and authorized investments for:
(1) banks;
(2) savings banks;
(3) trust companies;
(4) savings and loan associations;
(5) insurance companies;
(6) fiduciaries;
(7) trustees;
(8) guardians; and
(9) sinking funds of cities, counties, school districts, and other political subdivisions of the state and other public funds of the state and its agencies, including the permanent school fund.
Notes and commentary — not statutory text
History
Added by Acts 1985, 69th Leg., ch. 734, Sec. 1, eff. Sept. 1, 1985.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/WA/htm/WA.66.htm
- Text hash
- sha256 b557a75ea2fc41f9a0c9c91733994f591d463e11bf291a1cd5977ce7054daa95
- 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.