Tex. Local Government Code § 271.008
This is the official text of Tex. Local Government Code § 271.008, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 271.008. AUTHORIZED INVESTMENTS.
Official statutory text
The contract is a legal and authorized investment for:
(1) banks, savings banks, trust companies, and savings and loan associations;
(2) insurance companies;
(3) fiduciaries and trustees; and
(4) the sinking funds of a county, municipality, school district, or other political subdivision or corporation of this state.
(1) banks, savings banks, trust companies, and savings and loan associations;
(2) insurance companies;
(3) fiduciaries and trustees; and
(4) the sinking funds of a county, municipality, school district, or other political subdivision or corporation of this state.
Status: in_force · Read it on the official government site
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