Texas Statutes (Last Updated: January 4, 2014) |
WATER CODE |
Title 2. WATER ADMINISTRATION |
Subtitle C. WATER DEVELOPMENT |
Chapter 17. PUBLIC FUNDING |
Subchapter L. WATER FINANCIAL ASSISTANCE BOND PROGRAM |
Sec. 17.964. ELIGIBLE SECURITY
Latest version.
-
Water financial assistance bonds are eligible to secure deposits of public funds of the state and political subdivisions of the state. Water financial assistance bonds are lawful and sufficient security for deposits to the extent of their face value.
Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.