Sec. 2306.173. INVESTMENTS    


Latest version.
  • 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.