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Texas Special District Local Laws Code

§ 1010.156 — INVESTMENT OF DISTRICT MONEY

SD § 1010.156Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1010. BURLESON COUNTY HOSPITAL DISTRICT · Art. D. GENERAL FINANCIAL PROVISIONS

Statute text

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The board may invest district money in:
(1)bonds of the United States, this state, or any political subdivision of this state; or
(2)bonds issued by any agency of the United States if the payment of the principal and interest is guaranteed by the United States.

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1010.156 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.