Investment of Sinking Fund

Tex. Government Code § 1475.006, under Chapter 1475. County Bonds and Warrants For Navigation Purposes.

Tex. Government Code § 1475.006

Sec. 1475.006. INVESTMENT OF SINKING FUND. Money deposited to the credit of the sinking fund of bonds or warrants issued under this subchapter shall be invested as money deposited to the credit of the sinking funds of other county bonds is invested. Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.