Sec. 273.303.  PRIMARY ACCOUNT.  (a)  Money from the sale of the corporation's securities constitutes the primary account of the corporation.
(b)  Money in the primary account may be invested in:
(1)  a certificate of deposit or other interest-bearing account in a savings and loan association or commercial bank domiciled in this state;  or
(2)  securities that:
(A)  will mature in not longer than five years;
(B)  are issued by the United States government, this state, or a municipality or other governmental entity of this state;  and
(C)  are direct obligations of or secured by the full faith and credit of the issuer.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.