Sec. 2306.495. AUTHORIZED INVESTMENTS. Bonds issued by the department under this chapter 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; or
(9) sinking or other public funds of:
(A) this state;
(B) a municipality;
(C) a county;
(D) a school district; or
(E) another political subdivision or public agency of this state.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Subtitle G - Economic Development Programs Involving Both State and Local Governments
Chapter 2306 - Texas Department of Housing and Community Affairs
Subchapter W. Housing Finance Division Bonds: Miscellaneous Provisions
Section 2306.491. Bonds Negotiable Instruments
Section 2306.492. Bonds Incontestable
Section 2306.493. Signature of Former Officer
Section 2306.494. Bonds Not Taxable
Section 2306.495. Authorized Investments
Section 2306.496. Security for Deposit of Funds
Section 2306.497. Mutilated, Lost, Stolen, or Destroyed Bonds