The municipality shall deposit the net proceeds of obligations issued under Section 107.003 to the credit of the public pension fund. The amount deposited under this section becomes part of the public pension fund's assets.
Tex. Loc. Gov't Code § 107.004
PROCEEDS OF OBLIGATIONS ISSUED
Added by Acts 2003, 78th Leg., ch. 1271, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.