Sec. 2306.173. Investments.
Sec. 2306.173. INVESTMENTS. Subject to a resolution authorizing issuance of its bonds, the department may:
(1) invest its money in bonds, obligations, or other securities; or
(2) place its money in demand or time deposits, whether or not evidenced by certificates of deposit.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Gavvy last updated this database on: Sep 6, 2024