Sec. 313.053. MINIMUM AMOUNTS OF QUALIFIED INVESTMENT    


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  • For each category of school district established by Section 313.052, the minimum amount of a qualified investment under Section 313.021(2)(A)(iv)(a) is as follows:

    CATEGORYMINIMUM QUALIFIED INVESTMENT
    I$30 million
    II$20 million
    III$10 million
    IV$5 million
    V$1 million
Added by Acts 2001, 77th Leg., ch. 1505, Sec. 1, eff. Jan. 1, 2002.