Sec. 287.148. BONDS AS SECURITY FOR DEPOSITS. District bonds are eligible to secure deposits of public funds of the state and of municipalities, counties, school districts, and other political subdivisions of the state. The bonds are lawful and sufficient security for deposits to the extent of their value if accompanied by all unmatured coupons.
Added by Acts 1999, 76th Leg., ch. 1293, Sec. 1, eff. Sept. 1, 1999.
Structure Texas Statutes
Subtitle D - Hospital Districts
Chapter 287 - Health Services Districts
Section 287.141. General Obligation Bonds
Section 287.142. Revenue Bonds
Section 287.143. Refunding Bonds
Section 287.144. Interest and Maturity
Section 287.145. Execution of Bonds
Section 287.146. Approval and Registration of Bonds
Section 287.147. Bonds as Investments