Sec. 1475.006. INVESTMENT OF SINKING FUND. Money deposited to the credit of the sinking fund of bonds or warrants issued under this subchapter shall be invested as money deposited to the credit of the sinking funds of other county bonds is invested.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle I - Specific Authority for Counties to Issue Securities
Chapter 1475 - County Bonds and Warrants for Navigation Purposes
Subchapter A. Right-of-Way for Federal Navigation Projects
Section 1475.001. Purpose; Liberal Construction
Section 1475.002. Authority to Acquire Right-of-Way and Dumping Privileges
Section 1475.003. Authority to Issue Bonds and Impose Taxes
Section 1475.005. Duties of Commissioners Court After Voter Approval
Section 1475.006. Investment of Sinking Fund
Section 1475.007. Issuance of Bonds and Warrants; Use of Proceeds