Investments

Sec. 2306.173. INVESTMENTS. Subject to a resolution authorizing issuance of its bonds, the department may: (1) invest its money in bonds, obligations, or other securities; or (2) place its money in demand or time deposits, whether or not evidenced by certificates of deposit. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.