Sec. 8288.154. INVESTMENT OF DISTRICT MONEY. The board may invest district money in obligations and make time deposits of district money in a manner determined by the board or in the manner permitted or required in a resolution or trust indenture authorizing or securing district bonds.
Added by Acts 2009, 81st Leg., R.S., Ch. 1139 (H.B. 2619), Sec. 1.04, eff. April 1, 2011.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle F - Municipal Utility Districts
Chapter 8288 - Meeker Municipal Water District
Subchapter D. General Financial Provisions
Section 8288.151. Imposition of Maintenance Tax; Prohibition on Other Taxes or Assessments
Section 8288.152. Election to Impose Tax
Section 8288.154. Investment of District Money
Section 8288.155. District Facilities Exempt From Taxation and Assessment