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Texas Parks and Wildlife Code

§ 21.024 — SECURITY FOR DEPOSIT OF FUNDS

PW § 21.024Title 3. PARKS · Ch. 21. TEXAS PARK DEVELOPMENT FUND · Art. A. TEXAS PARK DEVELOPMENT BONDS

Statute text

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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.

Legislative history

Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.

Source: Texas Parks and Wildlife Code § 21.024 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.