Sec. 21.024. SECURITY FOR DEPOSIT OF FUNDS. Bonds issued under this chapter, when accompanied by all appurtenant unmatured coupons, are lawful and sufficient security for all deposits of funds of the state or of a city, town, village, county, school district, or other political subdivision or agency of the state, at the par value of the bonds.
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.
Section: Previous 21.017 21.018 21.019 21.020 21.021 21.022 21.023 21.024 21.025 21.101 21.102 21.103 21.104 21.105 21.106 NextLast modified: September 28, 2016