Texas Statutes (Last Updated: January 4, 2014) |
PARKS AND WILDLIFE CODE |
Title 3. PARKS |
Chapter 21. TEXAS PARK DEVELOPMENT FUND |
Subchapter A. TEXAS PARK DEVELOPMENT BONDS |
Sec. 21.023. AUTHORIZED INVESTMENTS
Latest version.
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Bonds issued under this chapter are legal and authorized investments for:
(1) banks;
(2) savings banks;
(3) trust companies;
(4) building and loan and savings and loan associations;
(5) insurance companies;
(6) fiduciaries;
(7) trustees;
(8) guardians; and
(9) sinking funds of cities, towns, villages, counties, school districts, and other political subdivisions and public agencies of the state.
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.