Tex. Water Code § 49.157
This is the official text of Tex. Water Code § 49.157, part of Texas’s Water Code — governs water rights and water resource management.
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§ 49.157. INVESTMENTS.
Official statutory text
(a) All district deposits and investments shall be governed by Subchapter A, Chapter 2256, Government Code (Public Funds Investment Act).
(b) The board may provide that an authorized representative of the district may invest and reinvest the funds of the district and provide for money to be withdrawn from the appropriate accounts of the district for the investments on such terms as the board considers advisable.
(b) The board may provide that an authorized representative of the district may invest and reinvest the funds of the district and provide for money to be withdrawn from the appropriate accounts of the district for the investments on such terms as the board considers advisable.
Status: in_force · Read it on the official government site
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