Gavvy: Water Code, Sec. 17.964. Eligible Security.

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Sec. 17.964. Eligible Security.


Sec. 17.964.  ELIGIBLE SECURITY.  Water financial assistance bonds are eligible to secure deposits of public funds of the state and political subdivisions of the state.  Water financial assistance bonds are lawful and sufficient security for deposits to the extent of their face value.
Added by Acts 1997, 75th Leg., ch. 1010, Sec. 5.03.

Gavvy last updated this database on: Sep 6, 2024