Texas Water Code - Section 57.215. Investment Of Sinking Fund
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Texas Laws > Water Code > Texas Water Code - Section 57.215. Investment Of Sinking Fund
§ 57.215. INVESTMENT OF SINKING FUND. The board or
commissioners court of jurisdiction may invest the district's
sinking funds in county, municipal, district, or other bonds in
which other sinking funds may by law be invested and also may invest
the sinking funds in bonds of the series to which the funds apply if
the bonds are offered for redemption before maturity on terms
considered advantageous to the district.
Acts 1971, 62nd Leg., p. 110, ch. 58, § 1, eff. Aug. 30, 1971.
Section: 57.201 57.207 57.208 57.212 57.213 57.2131 57.214 57.215 57.216 57.217 57.251 57.258 57.259 57.260 57.261
Last modified: August 11, 2007
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