Sec. 62.135. AUTHORIZED INVESTMENTS. The bonds issued under the provisions of this subchapter are legal and authorized investments for banks, saving banks, trust companies, building and loan associations, insurance companies, fiduciaries, trustees, guardians, and for the sinking funds of cities, towns, villages, counties, school districts, or other political corporations or subdivisions of the state.
Acts 1977, 65th Leg., p. 2498, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Structure Texas Statutes
Subtitle E - Beaches and Dunes
Chapter 62 - Beach Park Board of Trustees
Subchapter E. Issuance of Bonds
Section 62.131. Authority to Issue Revenue Bonds
Section 62.132. Formal Requirements of Bonds
Section 62.134. Approval and Registration
Section 62.135. Authorized Investments