Texas Statutes
Subchapter H. Housing Finance Division: General Powers and Duties of Department
Section 2306.173. Investments

Sec. 2306.173. INVESTMENTS. Subject to a resolution authorizing issuance of its bonds, the department may:
(1) invest its money in bonds, obligations, or other securities; or
(2) place its money in demand or time deposits, whether or not evidenced by certificates of deposit.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.