The bonds are eligible to secure deposits of any public funds of the state or any political subdivision of the state and are lawful and sufficient security for the deposits to the extent of their value when accompanied by unmatured coupons attached to the bonds.
Tex. Water Code § 30.063
SECURITY FOR DEPOSITS
Known as the Regional Waste Disposal Act
The act spans §§ 30–30 (42 sections).
Amended by Acts 1977, 65th Leg., p. 2207, ch. 870, 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.