Sec. 17.965. LEGAL INVESTMENTS. Water financial assistance bonds are legal and authorized investments for:
(1) banks;
(2) savings banks;
(3) trust companies;
(4) savings and loan associations;
(5) insurance companies;
(6) fiduciaries;
(7) trustees;
(8) guardians; and
(9) sinking funds and other public funds of the state and its agencies and of political subdivisions of the state.
Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.
Structure Texas Statutes
Title 2 - Water Administration
Subtitle C - Water Development
Subchapter L. Water Financial Assistance Bond Program
Section 17.952. Issuance of Water Financial Assistance Bonds
Section 17.953. Conditions for Issuance of Water Financial Assistance Bonds
Section 17.954. Bond Enhancement Agreements; Payment of Expenses
Section 17.955. Persons Designated to Act as Agents of Board
Section 17.956. Texas Water Development Fund Ii
Section 17.957. State Participation Account
Section 17.958. Economically Distressed Areas Program Account
Section 17.959. Financial Assistance Account
Section 17.960. Bond Resolutions
Section 17.961. Transfers to Revolving Funds
Section 17.9615. Transfers to Rural Water Assistance Fund
Section 17.9616. Transfer to Water Infrastructure Fund
Section 17.9617. Transfers to State Water Implementation Revenue Fund for Texas
Section 17.962. State Approvals
Section 17.963. Payment of Board Obligations
Section 17.964. Eligible Security
Section 17.965. Legal Investments
Section 17.966. Mutilated, Lost, or Destroyed Bonds
Section 17.967. Refunding Bonds
Section 17.968. Sale of Political Subdivision Bonds by the Board; Use of Proceeds
Section 17.969. Tax Exempt Bonds