Sec. 284.007. LEGAL INVESTMENTS. The bonds are legal and authorized investments for:
(1) a bank;
(2) a trust company;
(3) a savings and loan association;
(4) an insurance company;
(5) a small business investment corporation;
(6) a fiduciary;
(7) a trustee;
(8) a guardian; or
(9) an interest or sinking fund or other public funds of the state or a municipality, county, school district, or other political subdivision of the state.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 284 - Special Provisions Relating to Hospital District Bonds
Subchapter A. Issuance of Revenue Bonds in Counties With Population of at Least 200,000
Section 284.001. Authority to Issue; Form of Bonds
Section 284.003. Approval and Registration of Bonds
Section 284.005. Sale of Bonds; Use of Proceeds
Section 284.006. Investment of Bond Proceeds
Section 284.007. Legal Investments
Section 284.008. Security for Deposits
Section 284.009. Authority to Issue Subsequent Bonds
Section 284.010. Refunding Bonds and Refinancing
Section 284.011. Taxes to Pay Operating and Maintenance Expenses
Section 284.012. Authority of District Governing Body in Absence of Ad Valorem Tax
Section 284.013. Annual Budget