Tex. Gov't Code § 2306.173

INVESTMENTS

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff

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.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.