Sec. 11003.203. INVESTMENT OF DISTRICT MONEY. The board may invest district money in obligations and make time deposits of district money in the manner determined by the board or in the manner permitted or required in a resolution or trust indenture authorizing or securing district bonds.
Added by Acts 2013, 83rd Leg., R.S., Ch. 112 (S.B. 1026), Sec. 1.07, eff. April 1, 2015.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle X - Districts With Combined Powers
Chapter 11003 - Matador Water District
Subchapter E. General Financial Provisions
Section 11003.201. Imposition of Maintenance Tax
Section 11003.203. Investment of District Money
Section 11003.204. District Facilities Exempt From Taxation and Assessment