Sec. 264.050. LEGAL INVESTMENTS. Bonds of the authority are legal and authorized investments for:
(1) a bank;
(2) a savings bank;
(3) a trust company;
(4) a savings and loan association;
(5) an insurance company; or
(6) the sinking fund of a political corporation or subdivision of the state, including a municipality, county, or school district.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.