Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 1010.156 - Investment of District Money The board may invest district money in:
(1) bonds of the United States, this state, or any political subdivision of this state; or(2) bonds issued by any agency of the United States if the payment of the principal and interest is guaranteed by the United States.Tex. Spec. Dist. Loc. Laws § 1010.156
Added by Acts 2007, 80th Leg., R.S., Ch. 920, Sec. 1.02, eff. 4/1/2009.