The board may purchase political subdivision bonds including bonds that are acquired or owned by the development board.
Tex. Water Code § 20.071
PURCHASE OF POLITICAL SUBDIVISION BONDS
Added by Acts 1987, 70th Leg., ch. 728, 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.