(a) Tax revenue of the district may be invested in an obligation that is an authorized investment for the state.
(b) District money other than tax revenue may be invested in accordance with policies adopted by the board.
Tex. Loc. Gov't Code § 326.067
INVESTMENTS
Added by Acts 1997, 75th Leg., ch. 1204, 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.