Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 10. GENERAL GOVERNMENT |
Subtitle G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS |
Chapter 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS |
Subchapter H. HOUSING FINANCE DIVISION: GENERAL POWERS AND DUTIES OF DEPARTMENT |
Sec. 2306.173. INVESTMENTS
Latest version.
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Subject to a resolution authorizing issuance of its bonds, the department may:
(1) invest its money in bonds, obligations, or other securities; or
(2) place its money in demand or time deposits, whether or not evidenced by certificates of deposit.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.