Texas Statutes (Last Updated: January 4, 2014) |
SPECIAL DISTRICT LOCAL LAWS CODE |
Title 6. WATER AND WASTEWATER |
Subtitle F. MUNICIPAL UTILITY DISTRICTS |
Chapter 8104. BAYTOWN AREA WATER AUTHORITY |
Subchapter F. GENERAL FINANCIAL PROVISIONS |
Sec. 8104.253. INVESTMENT AUTHORITY
Latest version.
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The authority may invest:
(1) money held in any sinking fund, reserve fund, or other fund; or
(2) money not required for immediate use or disbursement in the securities as provided by this chapter.
Added by Acts 2005, 79th Leg., Ch. 729 , Sec. 1.06, eff. April 1, 2007.