Sec. 9601.153. INVESTMENT OF DISTRICT MONEY. (a) Chapter 2256, Government Code, applies to the district and the investment of district funds and funds under district control.
(b) The board may invest bond proceeds in a manner determined by the board or in the manner permitted or required in the proceedings authorizing the issuance of bonds or in the trust indenture securing the bonds.
Added by Acts 2009, 81st Leg., R.S., Ch. 523 (S.B. 1223), Sec. 1, eff. June 19, 2009.
Structure Texas Statutes
Special District Local Laws Code
Title 6 - Water and Wastewater
Subtitle L - Municipal Water Districts
Chapter 9601 - Riverbend Water Resources District
Subchapter D. General Financial Provisions
Section 9601.151. Prohibition on Assessments or Taxes
Section 9601.153. Investment of District Money
Section 9601.154. District Facilities Exempt From Taxation and Assessment