Texas Health And Safety Code § 286.149 Bonds As Investments

Sec. 286.149. BONDS AS INVESTMENTS. District bonds and indebtedness assumed by the district 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 municipalities, 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.

Added by Acts 1991, 72nd Leg., ch. 14, Sec. 121, eff. Sept. 1, 1991.

Section: Previous  286.142  286.143  286.144  286.145  286.146  286.147  286.148  286.149  286.150  286.151  286.161  286.162  286.163  286.164  286.171  Next

Last modified: September 28, 2016