Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 9. PUBLIC SECURITIES |
Subtitle J. SPECIFIC AUTHORITY FOR MUNICIPALITIES TO ISSUE SECURITIES |
Chapter 1506. BONDS FOR MUNICIPAL PARKING AND TRANSPORTATION FACILITIES |
Subchapter B. BONDS FOR PARKING FACILITIES IN HOME-RULE MUNICIPALITIES |
Sec. 1506.059. INVESTMENT OF SINKING FUND
Latest version.
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The sinking fund for bonds issued under this subchapter may be invested in securities that are permitted by law for the investment of sinking funds for other municipal bonds.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.