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Texas Statutes (Last Updated: January 4, 2014) |
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GOVERNMENT CODE |
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Title 10. GENERAL GOVERNMENT |
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Subtitle G. ECONOMIC DEVELOPMENT PROGRAMS INVOLVING BOTH STATE AND LOCAL GOVERNMENTS |
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Chapter 2306. TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS |
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Subchapter W. HOUSING FINANCE DIVISION BONDS: MISCELLANEOUS PROVISIONS |
Sec. 2306.495. AUTHORIZED INVESTMENTS
Latest version.
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Bonds issued by the department under this chapter are legal and authorized investments for:
(1) banks;
(2) savings banks;
(3) trust companies;
(4) savings and loan associations;
(5) insurance companies;
(6) fiduciaries;
(7) trustees;
(8) guardians; or
(9) sinking or other public funds of:
(A) this state;
(B) a municipality;
(C) a county;
(D) a school district; or
(E) another political subdivision or public agency of this state.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.