Tex. Water Code § 57.215
This is the official text of Tex. Water Code § 57.215, part of Texas’s Water Code — governs water rights and water resource management.
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§ 57.215. INVESTMENT OF SINKING FUND.
Official statutory text
The board or commissioners court of jurisdiction may invest the district's sinking funds in county, municipal, district, or other bonds in which other sinking funds may by law be invested and also may invest the sinking funds in bonds of the series to which the funds apply if the bonds are offered for redemption before maturity on terms considered advantageous to the district.
Status: in_force · Read it on the official government site
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